2min chapter

The Story cover image

Will high interest rates cause a housing crash?

The Story

CHAPTER

The Risk of a Housing Crash

If interest rates rise more and more, there is the threat of repossessions or people just not being able to pay. There's likely to be a very large reduction in house prices because essentially people can't pay their mortgage. Most people in the country own their house that they live in. And it's their main sense of how wealthy they are. If that goes down hugely in value then people are going to feel a lot poorer. That could cause a big recession. It could cause a depression ultimately.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode