Housing market a world risk
Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
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Shaky property markets across much of the world pose another risk to the global economy as higher interest rates erode household finances and threaten to exacerbate falling prices.
Sliding home values threaten to undermine consumer confidence and weigh on household spending, a rare bright spot for the global economy last year.
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