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How High Will Interest Rates Go?

Many Happy Returns

CHAPTER

The Decline of the UK Housing Market

It was great during the last decade, though? A lot of people feel like it was stagnation. It depends which country you live in, I think. People who did have the wealth were flattered hugely by zero interest rate. For young people, I think it's been a disaster. And for poor people also, a disaster. But we never feel it when it is good. You only think it's good in retrospect. Such a depressing thing to say, isn't it? Why does the world have to work this way?"

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