When equity prices collapsed in 2007, property prices and sales also collapsed. This precedent has led to concerns that the latest stock market rout may spark a sharp fall in property demand. These fears seem overplayed given households’ limited exposure to equities and the fact that, in contrast to 2007 when interest rates were rising, monetary policy is still being loosened.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.