Directly: Minimal
Possible Indirect effects:
- Higher Interest = less expenditure = less paying consumers = pressure on rental yields from tenants
-but this is in partnership with -
- Higher interest = higher rents as mortgage holders need to increase yield to cater for higher interest expense
- Higher interest = lower asset prices as noone can afford outrageous interest bills
These things take time to iron out - overnight no real change - but how will it look after 4 of these types of increases over the next 12 mnths? 24 months?
Directly: MinimalPossible Indirect effects:- Higher Interest =...
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