BBCNEWS The Context June 4, 2024 19:52:00
This in context, the pandemic, when there was a huge surge and buying interest in property. house prices went up nearly 20%. this is some loss in value. i think there's very little risk of anyone going into negative equity. you're absolutely right. higher mortgage rates eats buying power, that means people can't afford to spend as much, and thatis can't afford to spend as much, and that is when prices need to adjust closer to what buyers are prepared to pay. closer to what buyers are prepared to -a . . , , ., to pay. that will be the question about how _ to pay. that will be the question about...