Falling House Prices In 98 Seconds
Episode 36, Nov 28, 2022, 05:50 AM
Falling House Prices. Should I feel less wealthy in 98 seconds. Burgernomics host Ross MacDowell explains the Wealth Effect and it’s relationship to house prices. How falling house prices are being caused by interest rate rises which then effect our emotions and spending. Where are mortgage rates heading? A 98 second 'cheat note' great for dinner party conversation, impressing your boss or just because you need to understand where your standard of living is headed. After the 'cheat note', listen to the full episode when KPMG Chief Economist Dr Brendan Rynne discusses the Wealth Effect and housing prices in detail.