The people who are affected most by high interest rates would tend to be younger households. older people, older house holders, are more likely to have paid off their mortgages — they are mortgage free — so they don't feel the impact of the increase in mortgage rates. you could spread the pain more broadly, so those households that, perhaps, aren't facing higher mortgage rates currently — households that don't hold mortgages — would potentially contribute towards the squeeze in demand by paying higher taxation. you could argue for a property tax, for example. yet there are also practic...