B1 Intermediate US 271 Folder Collection
After playing the video, you can click or select the word to look it up in the dictionary.
Report Subtitle Errors
Historically there were 3 periods during the last 40 years when interest rate increases
had a real and noticeable effect on house prices.
In 1978 to 1979 rates moved from 7 to 17% with house prices dropping 15% a year later.
In 1989 increases from 8% to 15% resulted in a price decline which lasted for the next
6 years. The 2004 to 2007 rate rises also had a marked effect before the eventual financial
crash. The interesting point to note is that average
house price declines tend to lag a period of rate increase by about a year or so in
each case. But the caveat for 2016 will be how the effect of the rate rises will be felt,
given the sheer scale of quantitative easing that's taken place since 2009.
    You must  Log in  to get the function.
Tip: Click on the article or the word in the subtitle to get translation quickly!


What happens to house prices when interest rates go up?

271 Folder Collection
feng jin published on May 6, 2016
More Recommended Videos
  1. 1. Search word

    Select word on the caption to look it up in the dictionary!

  2. 2. Repeat single sentence

    Repeat the same sentence to enhance listening ability

  3. 3. Shortcut


  4. 4. Close caption

    Close the English caption

  5. 5. Embed

    Embed the video to your blog

  6. 6. Unfold

    Hide right panel

  1. Listening Quiz

    Listening Quiz!

  1. Click to open your notebook

  1. UrbanDictionary 俚語字典整合查詢。一般字典查詢不到你滿意的解譯,不妨使用「俚語字典」,或許會讓你有滿意的答案喔