{"id":6908,"date":"2017-03-03T14:50:38","date_gmt":"2017-03-03T01:50:38","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=6908"},"modified":"2017-03-03T14:50:38","modified_gmt":"2017-03-03T01:50:38","slug":"oecd-issues-warning-for-australian-housing-market","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/oecd-issues-warning-for-australian-housing-market\/","title":{"rendered":"OECD issues warning for Australian housing market"},"content":{"rendered":"<ul>\n<li><strong>THE OECD has warned of a \u201csignificant\u201d rout in Australian house prices, in a market correction that could spell economic gloom.<\/strong><\/li>\n<\/ul>\n<p>In an otherwise positive assessment of the nation\u2019s economy, the Organisation for Economic Cooperation and Development noted in its biennial survey that house prices have increased by 250 per cent in real terms since the 1990s \u2014 and that a downturn could cut household consumption and lead to mortgage defaults.<\/p>\n<p>READ MORE VIA <a href=\"http:\/\/www.news.com.au\/finance\/economy\/australian-economy\/oecd-issues-warning-for-australian-housing-market\/news-story\/0b21f51e64e346827ea20abd6ea1c913\">NEWS.COM.AU<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-6906\" src=\"\/\/www.propertynoise.com.au\/wp-content\/uploads\/2015\/12\/crash.jpeg?w=300\" alt=\"crash\" width=\"300\" height=\"206\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/crash.jpeg 800w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/crash-300x206.jpeg 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/crash-768x528.jpeg 768w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE OECD has warned of a \u201csignificant\u201d rout in Australian<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/oecd-issues-warning-for-australian-housing-market\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":6906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-6908","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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