6min chapter

Money For the Rest of Us cover image

How Higher Interest Rates Alter Our Financial Blueprint

Money For the Rest of Us

CHAPTER

Effects of Higher Interest Rates on Homeowners and the Economy

This chapter explores the consequences of higher interest rates on homeowners, including a reduced supply of houses and a shift towards making large purchases instead of saving for a down payment. It also discusses the impact on the economy, such as the decline in new apartment starts and the lower risk premium for investments.

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