
Rate accompli: Are rising interest rates bad for all assets?
Many Happy Returns
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Commercial Property and Residential Property
The pace of interest rate rises means it's not really a surprise that the financial markets are starting to creak and to potentially break. This is the kind of environment where you find out where the breaking points are on the weak points in the economy. So I think with property both commercial property and residential property is that it has a lot of toxic elements right now It's arguably massively overvalued compared to wages.
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