warrenzhang replied to the topic comments by Steve Mcnight on slump in the forum General Property 17 years ago
AGreeAlso, as interest rates increase, more and mroe people who have mortgages will be finding it harder to cope. This will mean more of thier disposable income goes to the bank rather than the economy. Businesses will also find it ard to cope as it is harder for them to pay off their bank loans, which would affect unemployment rates etc.AS you…[Read more]