{"id":2022,"date":"2016-09-15T13:56:52","date_gmt":"2016-09-15T13:56:52","guid":{"rendered":"http:\/\/poseidon-gp.com\/property\/?p=2022"},"modified":"2016-09-15T13:56:52","modified_gmt":"2016-09-15T13:56:52","slug":"londons-housing-market-is-at-breaking-point-as-it-becomes-totally-unaffordable","status":"publish","type":"post","link":"https:\/\/poseidon-gp.com\/property\/londons-housing-market-is-at-breaking-point-as-it-becomes-totally-unaffordable\/","title":{"rendered":"London&#8217;s housing market is at breaking point as it becomes totally unaffordable"},"content":{"rendered":"<p>Britain&#8217;s house prices are continually rising but Londoners have it the worst.<\/p>\n<p>Not only is the average house worth more than \u00a3500,000 ($664,107), according to the Office for National Statistics, but people&#8217;s salaries are not rising fast enough to keep up with property price inflation.<\/p>\n<p>The average Londoner&#8217;s salary is only just above \u00a330,000. In fact, wage growth is a huge problem for the whole of Europe.<\/p>\n<p>HSBC released a huge chartbook this week detailing the state of the UK housing market.<\/p>\n<p>And nestled within the report are some key charts that show how London&#8217;s property market is at near-breaking point because homes are becoming unaffordable for the average worker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Britain&#8217;s house prices are continually rising but Londoners have it the worst. Not only is the average house worth more than \u00a3500,000 ($664,107), according to the Office for National Statistics, but people&#8217;s salaries are not rising fast enough to keep up with property price inflation. The average Londoner&#8217;s salary is only just above \u00a330,000. In [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,1],"tags":[],"class_list":["post-2022","post","type-post","status-publish","format-standard","hentry","category-news","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9PjAq-wC","_links":{"self":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/2022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/comments?post=2022"}],"version-history":[{"count":0,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/posts\/2022\/revisions"}],"wp:attachment":[{"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/media?parent=2022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/categories?post=2022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/poseidon-gp.com\/property\/wp-json\/wp\/v2\/tags?post=2022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}