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House Prices & Interest Rates: Winners & Losers In 2022

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‎The Quicky
Duration: 14:54
After years of record lows there is speculation that 2022 could be the year when the Reserve Bank of Australia will finally increase interest rates, but would it be enough to drive down house prices?
Research shows that even a modest 1% increase could prove devastating for new home owners who've bee
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After years of record lows there is speculation that 2022 could be the year when the Reserve Bank of Australia will finally increase interest rates, but would it be enough to drive down house prices?
Research shows that even a modest 1% increase could prove devastating for new home owners who've been pushed into huge mortgages, but at the same time many retirees are desperate for a rise to finally see some return on their savings.
To find out who would benefit and who would suffer, and how likely any of this really is, The Quicky speaks to an economic expert to discuss what is really going on with interest rates in Australia.
If you love The Quicky and want to share your enthusiasm, please take a moment to vote for us in the category of Listeners' Choice at the Australian Podcast Awards. You can cast your vote here. Voting closes on Sunday 28th November 2021 at 23.59 (AEDT).
CREDITS
Host: Claire Murphy
With thanks to:
Dr Zac Gross - Lecturer in Economics at Monash University, and formerly an Economist at the Reserve Bank of Australia
Producer: Claire Murphy
Executive Producer: Siobhán Moran-McFarlane
Audio Producer: Ian Camilleri
Subscribe to The Quicky at... https://mamamia.com.au/the-quicky/
CONTACT US
Got a topic you'd like us to cover? Send us an email at thequicky@mamamia.com.au
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Feedback? We’re listening! Call the pod phone on 02 8999 9386 or email us at podcast@mamamia.com.au
Mamamia acknowledges the Traditional Owners of the Land we have recorded this podcast on, the Gadigal people of the Eora Nation. We pay our respects to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander cultures.
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