{"id":5598,"date":"2018-01-22T05:30:05","date_gmt":"2018-01-22T05:30:05","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?p=5598"},"modified":"2018-01-22T05:30:05","modified_gmt":"2018-01-22T05:30:05","slug":"look-housing-market-fluctuations","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/","title":{"rendered":"A look at housing market fluctuations"},"content":{"rendered":"

THE idea of a housing bubble or any other kind of economic bubble has always been debated by economists.<\/p>\n

Some believe that a bubble cannot be separated from the market when trying to think about it as a phenomenon.<\/p>\n

They believe that the market determines the price, based on supply and demand, and if there is a lot of demand then the price will go up.<\/p>\n

If not, it goes down. To some economists, there is no reason to think that the price is divorced\/separate from the asset.<\/p>\n

However, there is a larger consensus on the idea of an economic bubble (whether it be a housing bubble, tech bubble, stock market bubble etc.) being a valid phenomenon.<\/p>\n

When flowers were more precious than gold<\/strong><\/p>\n

In 17th century Holland, advancements in the breeding of new varieties of tulips created a number of beautiful variants of the flower.<\/p>\n

What resulted was one of the most famous economic bubbles of modern times: the price of tulip bulbs accelerated incredibly quickly, to be worth 10-15 times the average salary of a craftsman.<\/p>\n

What caused this?<\/strong><\/p>\n

It wasn\u2019t just that people thought that these new tulip varieties were beautiful, there were a number of particular factors that influenced this bubble.<\/p>\n

The bubonic plague had recently hit the Netherlands so there was a heightened emotional factor that impacted the bubble; a human-based factor that is common to a housing bubble or any other kind of economic bubble.<\/p>\n

Bidding for tulip bulbs also took place predominantly late at night in pubs\/taverns where people were influenced by the effects of alcohol, where bidding on tulips became a drinking game, while much of it relied on credit\/debt, another fundamental aspect of an economic bubble.<\/p>\n

The crash of the tulip price was just as quick and dramatic.<\/p>\n

What are the signs of a housing bubble?<\/strong><\/p>\n

Since the Global Financial Crisis, a number of countries, including Australia, have seen dramatic rises in property prices, there is no greater example of this than in Melbourne and Sydney.<\/p>\n

Housing affordability is often paired with the idea of a housing bubble, but there are a number of factors that influence housing affordability, such as general economic growth in a country, wage growth, energy prices, job growth or decline.<\/p>\n

However, in 2017, Sydney house prices averaged 13 times that of average yearly incomes; anything above five is considered to be severely unaffordable.<\/p>\n

What fuelled this Sydney housing bubble?<\/strong><\/p>\n

A construction boom of high density living (apartments) is generally seen as a strong cause of a rise in property prices.<\/p>\n

In the 2015-16 financial year, 24 per cent of Australia\u2019s GDP growth occurred from just three inner-Sydney districts – this predominantly came down to the construction of new apartment buildings.<\/p>\n

There are other reasons for dramatic rises in house prices: strong population growth, offshore demand increase for properties in Sydney and Melbourne, risky lending practices and easy access to credit (such as a large number of interest-only loans), and a lack of financial literacy in new homeowners to name some of the larger influences.<\/p>\n

What tells us that Sydney and Melbourne were the epicentre of this housing bubble was the lack of similar performance outside of these inner-city areas, especially in cities such as Perth and Darwin.<\/p>\n

Some are hesitant to identify housing bubbles as \u201cbubbles\u201d because this implies that there will inevitably be a housing bubble burst, just as there was a sharp fall in tulip prices in the 17th century or a sharp fall in the Japanese stock market in the 1990s after its own growth bubble.<\/p>\n

Economists are less convinced that property prices in Melbourne and Sydney are as susceptible to a crash in value, but more to a gradual and manageable downturn.<\/p>\n

However, there are arguments for letting the air out of a bubble without it crashing.<\/p>\n

In 2017, macro prudential regulation techniques by the Australian Prudential Regulation Authority (APRA) were announced in March, aimed at reducing the influence of speculation\/investor lending on the housing market.<\/p>\n

This proved to be successful in reducing the ratio of investor lending within the market and in essence, slowly letting the air out of the tyres.<\/p>\n

Written by Douglas Ross at VIEW.com.au<\/em><\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

THE idea of a housing bubble or any other kind of economic bubble has always been debated by economists. Some believe that a bubble cannot be separated from the market when trying to think about it as a phenomenon. They believe that the market determines the price, based on supply and demand, and if there […]<\/p>\n

Read More…<\/a><\/p>\n","protected":false},"author":86,"featured_media":5596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-5598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nA look at housing market fluctuations - Bellarine Times<\/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:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A look at housing market fluctuations - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"THE idea of a housing bubble or any other kind of economic bubble has always been debated by economists. Some believe that a bubble cannot be separated from the market when trying to think about it as a phenomenon. They believe that the market determines the price, based on supply and demand, and if there [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/\" \/>\n<meta property=\"og:site_name\" content=\"Bellarine Times\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-22T05:30:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"504\" \/>\n\t<meta property=\"og:image:height\" content=\"361\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Douglass Ross\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Douglass Ross\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/\"},\"author\":{\"name\":\"Douglass Ross\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/person\\\/2f2bf5f953464ff591ff5c30d415d36e\"},\"headline\":\"A look at housing market fluctuations\",\"datePublished\":\"2018-01-22T05:30:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/\"},\"wordCount\":706,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2018\\\/01\\\/A-look-at-housing-market-fluctuations.jpg\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/\",\"name\":\"A look at housing market fluctuations - Bellarine Times\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2018\\\/01\\\/A-look-at-housing-market-fluctuations.jpg\",\"datePublished\":\"2018-01-22T05:30:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#breadcrumb\"},\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#primaryimage\",\"url\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2018\\\/01\\\/A-look-at-housing-market-fluctuations.jpg\",\"contentUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2018\\\/01\\\/A-look-at-housing-market-fluctuations.jpg\",\"width\":504,\"height\":361},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/real-estate\\\/look-housing-market-fluctuations\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A look at housing market fluctuations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#website\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/\",\"name\":\"Bellarine Times\",\"description\":\"Free local news\",\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-AU\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#organization\",\"name\":\"Bellarine Times\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2019\\\/08\\\/cropped-logo.png\",\"contentUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/3\\\/2019\\\/08\\\/cropped-logo.png\",\"width\":291,\"height\":38,\"caption\":\"Bellarine Times\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/#\\\/schema\\\/person\\\/2f2bf5f953464ff591ff5c30d415d36e\",\"name\":\"Douglass Ross\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-AU\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g\",\"caption\":\"Douglass Ross\"},\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/bellarinetimes\\\/author\\\/douglasross\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A look at housing market fluctuations - Bellarine Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/","og_locale":"en_US","og_type":"article","og_title":"A look at housing market fluctuations - Bellarine Times","og_description":"THE idea of a housing bubble or any other kind of economic bubble has always been debated by economists. Some believe that a bubble cannot be separated from the market when trying to think about it as a phenomenon. They believe that the market determines the price, based on supply and demand, and if there [...]Read More...","og_url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/","og_site_name":"Bellarine Times","article_published_time":"2018-01-22T05:30:05+00:00","og_image":[{"width":504,"height":361,"url":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg","type":"image\/jpeg"}],"author":"Douglass Ross","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Douglass Ross","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#article","isPartOf":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/"},"author":{"name":"Douglass Ross","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#\/schema\/person\/2f2bf5f953464ff591ff5c30d415d36e"},"headline":"A look at housing market fluctuations","datePublished":"2018-01-22T05:30:05+00:00","mainEntityOfPage":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/"},"wordCount":706,"commentCount":0,"publisher":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#organization"},"image":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#primaryimage"},"thumbnailUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg","articleSection":["Real Estate"],"inLanguage":"en-AU","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/","url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/","name":"A look at housing market fluctuations - Bellarine Times","isPartOf":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#website"},"primaryImageOfPage":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#primaryimage"},"image":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#primaryimage"},"thumbnailUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg","datePublished":"2018-01-22T05:30:05+00:00","breadcrumb":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#breadcrumb"},"inLanguage":"en-AU","potentialAction":[{"@type":"ReadAction","target":["https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/"]}]},{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#primaryimage","url":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg","contentUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2018\/01\/A-look-at-housing-market-fluctuations.jpg","width":504,"height":361},{"@type":"BreadcrumbList","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/look-housing-market-fluctuations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/"},{"@type":"ListItem","position":2,"name":"A look at housing market fluctuations"}]},{"@type":"WebSite","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#website","url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/","name":"Bellarine Times","description":"Free local news","publisher":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-AU"},{"@type":"Organization","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#organization","name":"Bellarine Times","url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/","logo":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#\/schema\/logo\/image\/","url":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2019\/08\/cropped-logo.png","contentUrl":"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/3\/2019\/08\/cropped-logo.png","width":291,"height":38,"caption":"Bellarine Times"},"image":{"@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/#\/schema\/person\/2f2bf5f953464ff591ff5c30d415d36e","name":"Douglass Ross","image":{"@type":"ImageObject","inLanguage":"en-AU","@id":"https:\/\/secure.gravatar.com\/avatar\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4ef3cb40cb147a645821105ac661fccf28a3d9e7eacb9f278d71746116f250a0?s=96&d=mm&r=g","caption":"Douglass Ross"},"url":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/author\/douglasross\/"}]}},"_links":{"self":[{"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/posts\/5598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/comments?post=5598"}],"version-history":[{"count":0,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/posts\/5598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/media\/5596"}],"wp:attachment":[{"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/media?parent=5598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/categories?post=5598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/tags?post=5598"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/wp-json\/wp\/v2\/post_folder?post=5598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}