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Director / Editor: Victor Teboul, Ph.D.
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The housing game has changed – interest rate hikes hurt more than before

By Joey Moloney, Senior Associate, Grattan Institute
Brendan Coates, Program Director, Economic Policy, Grattan Institute
The extraordinary increase in house prices and debt means mortgage rates of 7% would be as painful to borrowers today as rates of 17% were decades ago.The Conversation


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