"Goodbye", page-12

they US system has most mortgagees on fixed interest. therefore its less effective at increasing the cost of living.

our system is too geared toward variable interest with fixed interest only available for short terms. so the lower interest rate has a much heavier impost, a most immediate and costly impact on ⅔ of our community.

5.5% interest would almost certainly crush many mortgaged and rental households..... but then the drastically low 'emergency level' interest rates pre-covid crushed many self-funded retirees living mostly on interest bearing accounts.