{"id":87543,"date":"2018-05-10T12:00:04","date_gmt":"2018-05-10T05:00:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-last-a-reason-to-celebrate-house-prices-are-falling-larry-elliott\/"},"modified":"2018-05-10T12:04:18","modified_gmt":"2018-05-10T05:04:18","slug":"at-last-a-reason-to-celebrate-house-prices-are-falling-larry-elliott","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-last-a-reason-to-celebrate-house-prices-are-falling-larry-elliott\/","title":{"rendered":"At last, a reason to celebrate: house prices are falling | Larry Elliott"},"content":{"rendered":"


\nIt won\u2019t be easy to wean Britain off the obsession with ever increasing property values, but it\u2019s important to tryThe housing market is dead. Britain\u2019s biggest mortgage lender, the Halifax, says that prices fell in April by 3.1%, the biggest monthly drop in almost eight years. Newspapers bury this disastrous news way back in their editions for fear that it will spread gloom and despondency.We need to wean ourselves off this way of thinking. Falling house prices are not disastrous, and only in a country with such a perverted relationship with bricks and mortar could they be seen as such. In Germany, they scratch their heads in bemusement when they hear Britons boast of how the value of their house has soared. Continue reading…
\n
\nSource : theguardian.com
\nRead more…At last, a reason to celebrate: house prices are falling | Larry Elliott<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

It won\u2019t be easy to wean Britain off the obsession with ever increasing property values,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-87543","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-mLZ","jetpack-related-posts":[{"id":19930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-time-to-wean-the-uk-from-economic-steroids\/","url_meta":{"origin":87543,"position":0},"title":"It\u2019s time to wean the UK from economic steroids","date":"July 16, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...It\u2019s time to wean the UK from economic steroids","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":29273,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-must-wean-itself-off-debt-addiction-if-it-is-to-avoid-financial-calamity-warns-imf-chief\/","url_meta":{"origin":87543,"position":1},"title":"China must wean itself off debt addiction if it is to avoid financial calamity, warns IMF chief","date":"October 9, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...China must wean itself off debt addiction if it is to avoid financial calamity, warns IMF chief","rel":"","context":"In "Property 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News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-will-not-stop-falling-until-2025-lloyds-predicts\/","url_meta":{"origin":87543,"position":4},"title":"UK house prices will not stop falling until 2025, Lloyds predicts","date":"October 25, 2023","format":false,"excerpt":"\r Britain\u2019s biggest mortgage lender forecasts 5% drop over this year and another 2.4% decline in 2024UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast.The lender, which owns Halifax and is Britain\u2019s largest mortgage\u2026","rel":"","context":"In "Property 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