{"id":96910,"date":"2018-08-30T00:54:10","date_gmt":"2018-08-29T17:54:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-wealth-rises-as-land-values-soar-by-450bn-in-a-year\/"},"modified":"2018-08-30T01:03:44","modified_gmt":"2018-08-29T18:03:44","slug":"uks-wealth-rises-as-land-values-soar-by-450bn-in-a-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uks-wealth-rises-as-land-values-soar-by-450bn-in-a-year\/","title":{"rendered":"UK&#039;s wealth rises as land values soar by \u00a3450bn in a year"},"content":{"rendered":"<p>&#013;<br \/>\nLand now 51% of UK\u2019s net worth \u2013 a huge transfer of wealth to landowners, say campaignersA dramatic rise in land values pushed Britain\u2019s wealth to a fresh high of more than \u00a310tn last year, highlighting the huge gains made by developers in property hotspots across the UK.From London and the home counties to Cambridge and popular parts of Devon and Cornwall, land values have become the single largest element of wealth, dwarfing household wealth locked up in property and financial savings. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2018\/aug\/29\/uks-wealth-rises-as-land-values-soar-by-450bn-in-a-year\" target=\"_blank\">UK&#8217;s wealth rises as land values soar by \u00a3450bn in a year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Land now 51% of UK\u2019s net worth \u2013 a huge transfer of wealth to landowners,&#46;&#46;&#46;<\/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-96910","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-pd4","jetpack-related-posts":[{"id":135989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ppt-lvt-iht-which-is-fairer-than-council-tax-letters\/","url_meta":{"origin":96910,"position":0},"title":"PPT, LVT, IHT \u2013 which is fairer than council tax? | Letters","date":"April 18, 2023","format":false,"excerpt":"\r Carol Wilcox, Jeremy Scroxton and Linda Buckingham respond to proposals to replace local government funding arrangementsRe Larry Elliott\u2019s article (A property tax based on annually uprated values would be a gamechanger, 9 April), a proportional property tax (PPT) is indeed fairer than council tax. In particular, it reverses the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/value-of-uks-housing-stock-soars-past-6tn\/","url_meta":{"origin":96910,"position":1},"title":"Value of UK&#039;s housing stock soars past \u00a36tn","date":"November 29, 2017","format":false,"excerpt":"\r Biggest rises of the past decade seen in London and the south-east, with the over-55s holding almost two-thirds of the wealth The total value of all the houses in the UK has passed the \u00a36tn mark for the first time, according to research by Halifax which also highlights the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wealth-gap-rises-as-home-ownership-falls-says-study\/","url_meta":{"origin":96910,"position":2},"title":"Wealth gap rises as home ownership falls, says study","date":"June 18, 2017","format":false,"excerpt":"\r Resolution Foundation finds that half the nation\u2019s wealth belongs to a tenth of adults as property ownership declinesA fall in home ownership is fuelling the return of rising wealth inequality across Britain, it has emerged.Booming house prices in the run-up to the financial crisis had led to a decade-long\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landowners-reap-benefits-of-soaring-british-land-prices\/","url_meta":{"origin":96910,"position":3},"title":"Landowners reap benefits of soaring British land prices","date":"December 5, 2017","format":false,"excerpt":"\r UK\u2019s net worth rose by \u00a3803bn over the course of last year to stand at \u00a39.8tn at the end of 2016, says ONSBritain\u2019s landowners have emerged as the biggest winners from the country\u2019s largest yearly increase in national wealth on record, sitting on assets accounting for more than half\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-owns-the-uks-housing-wealth\/","url_meta":{"origin":96910,"position":4},"title":"Who owns the UK&#039;s housing wealth?","date":"July 23, 2015","format":false,"excerpt":"\r Over-60s are doing well while for younger people it\u2019s a struggle. Here we look at how homeownership splits between the generations Continue reading...\r \r Source : theguardian.com\r Read more...Who owns the UK's housing wealth?","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54291,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/many-of-britains-richest-people-are-property-moguls-alice-martin\/","url_meta":{"origin":96910,"position":5},"title":"Many of Britain&#039;s richest people are property moguls | Alice Martin","date":"May 10, 2017","format":false,"excerpt":"\r A dysfunctional British housing market, propped up by housing benefit and public investment, is making a few people very, very rich. It is a strange kind of economy where land and property routinely earn more than people do. But that is what we have \u2013 and the amount of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96910"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=96910"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96910\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}