unless the rates were adjusted to a suburb,,,,higher rates on the higher priced burbs.....lower rates on low priced burbs....everyone wears the cost.....
your higher interest rates affect the small business employer.....who combined are the biggest employers....
the employer unloads the workers, in order to stay afloat...
so the higher rates contribute to higher unemployment...is that what you are deraming of...
our lowest unemployment figures, which keeps everyone with a roof over their heads, was only made possible during the howard years....when he kept rates lower...
people really should be careful what they wish for....
unintended consequences may turn up
- Forums
- Property
- big banks 'profiteering' on interest rates
unless the rates were adjusted to a suburb,,,,higher rates on...
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Dr Michael Thurn, CEO & MD
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