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From: Samuel Riley
Hi everyone just a question I was pondering..
What effect(s) does rising unemployment have on property?
I was thinking for one that demand may slip as not as many people will have the capacity or the means to borrow for a house/unit, this in turn would effect the growth in a negative way..
also some people may be forced to sell as they cant meet their loan repayments..
any others?
Sam
Hi everyone just a question I was pondering..
What effect(s) does rising unemployment have on property?
I was thinking for one that demand may slip as not as many people will have the capacity or the means to borrow for a house/unit, this in turn would effect the growth in a negative way..
also some people may be forced to sell as they cant meet their loan repayments..
any others?
Sam
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