Who really gets hit with higher rates?
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Who really gets hit with higher rates?
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Interest rate hikes are just not the same anymore: Once upon a time, they hit the mortgage belt, that fictionalised housing strip in the outer suburbs populated by young families. Today the RBA’s weapon of choice lands heavily instead on older Australians.
What does it mean for the property investor?
Nerida Conisbee, chief economist at Ray White Group, joins Associate Editor, James Kirby in this episode.
In today's show, we cover:
- Investing with rising rates
- The case against two more rate hikes
- Why banks are offering longer-lasting mortgages
- Will negative gearing be effectively restricted to new houses?
See omnystudio.com/listener for privacy information.
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