7 Ways a Housing CRASH Would Affect You
Economics Help UK Economics Help UK
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 Published On Jul 31, 2023

A substantial fall in house prices would have big effect on both the housing market and the wider economy. The current climate of higher interest rates and falling prices will have a big effect on the economy and our finances.

1. Fall in wealth
2. Recession Risk
3. Affordability
4. Housing Supply
5. Renters
6. Future interest rates/Inflation
7. Banking sector.

Text version at: https://www.economicshelp.org/blog/18...

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