Mmastodon BusinessReal Estate first seen 22 h ago, last 15 h ago, peak #8
Economists warn of a sustained high interest rate era
Original: Economists think we are entering a period of sustained high interest rates. High interest rates increase the cost of bor
Economists increasingly believe the world economy is entering a period of persistently high interest rates, reversing the era of cheap borrowing that followed the 2008 financial crisis. Higher rates raise the cost of mortgages and loans, cutting home buyers' purchasing power. Debate is focused on how buyers, renters, and builders will adjust, and what sustained expensive credit means for housing markets and policy.
Why now: Concern over housing affordability as central banks keep interest rates elevated.
Federal Reservecentral bankshousing market
Evidence
- Economists think we are entering a period of sustained high interest rates. High interest rates increase the cost of borrowing, which reduces buying power. Will home buyers, renters, and builders respond by: # housing # economics # politics · Slyence@mastodo.neoliber.al · 3
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