{"id":97042,"date":"2018-08-31T19:55:00","date_gmt":"2018-08-31T12:55:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-1-billion-price-cut-luxury-real-estate-gets-slashed\/"},"modified":"2018-08-31T20:05:55","modified_gmt":"2018-08-31T13:05:55","slug":"the-1-billion-price-cut-luxury-real-estate-gets-slashed","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-1-billion-price-cut-luxury-real-estate-gets-slashed\/","title":{"rendered":"The $1 billion price cut: Luxury real estate gets slashed"},"content":{"rendered":"


\nThe new federal tax law, which limits deductions of state and local taxes, is also putting pressure on real-estate in high-tax states. And foreign buyers, who were driving some of the highest-priced sales in 2014 and 2015, have pulled back.\u00a0
\n
\nSource : cnbc.com
\nRead more…The billion price cut: Luxury real estate gets slashed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The new federal tax law, which limits deductions of state and local taxes, is also...<\/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-97042","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-pfc","jetpack-related-posts":[{"id":122037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-bonds-of-evergrandes-flagship-go-on-restricted-trading-after-ratings-cut-in-latest-woe-to-befall-indebted-developer\/","url_meta":{"origin":97042,"position":0},"title":"Nine bonds of Evergrande\u2019s flagship go on restricted trading after ratings cut in latest woe to befall indebted developer","date":"September 16, 2021","format":false,"excerpt":"\r Trading restrictions were placed on nine onshore bonds sold by China Evergrande Group\u2019s flagship property unit, after a local credit rating agency slashed the debts\u2019 creditworthiness, deepening the woes for the world\u2019s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160217,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wytham-abbeys-asking-price-slashed-by-60-after-failure-to-find-buyer\/","url_meta":{"origin":97042,"position":1},"title":"Wytham Abbey\u2019s asking price slashed by 60% after failure to find buyer","date":"August 31, 2025","format":false,"excerpt":"\r Oxfordshire manor once planned as hub for global technologists and philosophers now offered at \u00a35.95mWytham Abbey, a 15th-century grade I-listed manor that was once planned as a hub for technologists and philosophers to solve some of the world\u2019s toughest problems, has had its sale price slashed by 60% to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-asking-price-for-president-trumps-caribbean-estate-has-been-cut-dramatically\/","url_meta":{"origin":97042,"position":2},"title":"The asking price for President Trump's Caribbean estate has been cut dramatically","date":"August 2, 2017","format":false,"excerpt":"\r The trust that oversees President Donald Trump's assets is intensifying its efforts to shed a luxury beachfront estate he owns on the Caribbean island of St. Martin, slashing the asking price of US$28 million ($37.8m) by more than...\r \r Source : nzherald.co.nz\/Property\r Read more...The asking price for President Trump's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/education-aviation-and-real-estate-fees-to-be-slashed-in-dubais-bid-to-boost-economy\/","url_meta":{"origin":97042,"position":3},"title":"Education, aviation and real estate fees to be slashed in Dubai's bid to boost economy","date":"June 7, 2018","format":false,"excerpt":"\r Range of initiatives are meant to attract more investments into Dubai while reducing the cost of doing business\r \r Source : arabianbusiness.com\r Read more...Education, aviation and real estate fees to be slashed in Dubai's bid to boost economy","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-the-new-tax-law-may-be-behind-nycs-luxury-real-estate-surge\/","url_meta":{"origin":97042,"position":4},"title":"Why the new tax law may be behind NYC's luxury real estate surge","date":"July 3, 2019","format":false,"excerpt":"\r Discussing New York City's luxury real estate market with Noble Black of Douglas Elliman.\r \r Source : cnbc.com\r Read more...Why the new tax law may be behind NYC's luxury real estate surge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30-of-owners-looking-to-sell-hong-kong-luxury-homes-willing-to-lower-prices-agents\/","url_meta":{"origin":97042,"position":5},"title":"30% of owners looking to sell Hong Kong luxury homes willing to lower prices: agents","date":"July 31, 2026","format":false,"excerpt":"\r Celebrities including Chow Yun-fat, Stephen Fung Tak-lun and William Chan Wai-ting slashed prices before selling luxury properties recently, with property agents saying secondary luxury home trading will continue to slow in the short term, with prices up to 10 per cent lower. The asking price for Hong Kong film\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97042"}],"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=97042"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97042\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}