Will high interest rates cause a housing crash?
Last week the Bank of England announced an increase to interest rates which are set to lead to an increase in mortgage rates.
The Story · The Times
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Show Notes
Last week the Bank of England put up interest rates to 5 per cent - a move that has already meant increased mortgage payments for many. So could this lead to a crash in the housing market? What can the government do to alleviate the pain for homeowners - and is inflation here to stay?
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Guest: Juliet Samuel, columnist, The Times.
Host: Manveen Rana.
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