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Good news for job seekers could cause problems for the housing market and mortgage holders – NEWS.com.au
Good news for job seekers could cause problems for the housing market and mortgage holders
When the Reserve Bank joined the Federal Reserve and other central banks in slashing interest rates to the lowest levels in history in March 2020, it turned the world of asset prices and finance quite literally upside down.All of a sudden, bad news became good news for asset prices, as it ensured further central bank and government intervention to prop them up.
The Australian housing market was no exception.
As the images of unemployment lines weaving around the block reached our screens, measures…
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