{"id":7710,"date":"2017-04-19T08:27:23","date_gmt":"2017-04-18T20:27:23","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=7710"},"modified":"2017-04-19T08:27:23","modified_gmt":"2017-04-18T20:27:23","slug":"house-prices-must-fall-avoid-scenario-far-dangerous-2","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/house-prices-must-fall-avoid-scenario-far-dangerous-2\/","title":{"rendered":"House prices must fall &#8211; to avoid scenario that is far more dangerous"},"content":{"rendered":"<ul>\n<li>Intense media focus on housing affordability has primarily focused on the story of the individual; the young person who can&#8217;t afford a house. But in all of our focus on the individual, we are failing to recognise the greater problem \u2013\u00a0that when house prices do fall, and they will, they risk taking our banking system and the wider economy with them. We need to induce a &#8220;soft decline&#8221; before it is too late.<\/li>\n<\/ul>\n<p>READ MORE VIA <a href=\"http:\/\/www.smh.com.au\/comment\/we-need-a-soft-decline-in-house-prices-before-it-is-too-late-20170418-gvmr8p.html\">SMH<\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-7706\" src=\"http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/While-prices-do-need-to-decline-to-make-housing-more-affordable-we-need-to-prevent-this-from-happening-in-an-uncontrolled-manner.-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/While-prices-do-need-to-decline-to-make-housing-more-affordable-we-need-to-prevent-this-from-happening-in-an-uncontrolled-manner.-300x169.jpg 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/While-prices-do-need-to-decline-to-make-housing-more-affordable-we-need-to-prevent-this-from-happening-in-an-uncontrolled-manner..jpg 620w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>While prices do need to decline to make housing more affordable, we need to prevent this from happening in an uncontrolled manner.\u00a0<cite>Photo: Andrew Meares<\/cite><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intense media focus on housing affordability has primarily focused on<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-must-fall-avoid-scenario-far-dangerous-2\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"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-7710","post","type-post","status-publish","format-standard","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House prices must fall - to avoid scenario that is far more dangerous - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-must-fall-avoid-scenario-far-dangerous-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House prices must fall - to avoid scenario that is far more dangerous - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"Intense media focus on housing affordability has primarily focused onRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/house-prices-must-fall-avoid-scenario-far-dangerous-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PropertyNoiseNZ\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-18T20:27:23+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/While-prices-do-need-to-decline-to-make-housing-more-affordable-we-need-to-prevent-this-from-happening-in-an-uncontrolled-manner.-300x169.jpg\" \/>\n<meta name=\"author\" content=\"Property Noise Group\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:site\" content=\"@propertynoisenz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Property Noise Group\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/house-prices-must-fall-avoid-scenario-far-dangerous-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/house-prices-must-fall-avoid-scenario-far-dangerous-2\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"House prices must fall &#8211; 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