Between rising interest rates and plummeting prices, there's a lot to consider when buying in. We weigh up the pros and cons of leaping into a market downturn. Read more, here at Mozo.
factors into it, and then there s some other factors. demand is changing, but i think factors. demand is changing, but i think the factors. demand is changing, but i think the long and short of it is, we remain think the long and short of it is, we remain in a situation where we have we remain in a situation where we have a we remain in a situation where we have a relatively large population, often have a relatively large population, often wanting to live in similar places often wanting to live in similar places. that is pushing up prices and that places. that is pushing up prices and that factor has been there for quite some time, and it continues to id quite some time, and it continues to go that quite some time, and it continues to go that way, quite some time, and it continues to go that way, so i suppose it shows that there go that way, so i suppose it shows that there is still money they re that there is still money they re that people can find to spend money
trillion. that is almost the size of japan s economy. beijing has since restricted how much these developers can borrow, and it has also proposed introducing a local property tax but the move will be very controversial because local governments rely on land sales or revenue. local investors and a commissar worried that these issues facing developers may make consumers even more reluctant to buy property in an economy where real estate has really been a major driver for growth, and already we have seen property sales and prices falling in september, which has been somewhat unheard of due to the property boom, so it s certainly fresh concerns after a trading halt of kaisa group. mariko oi, thank you for that update. the pound slumped as much as 1.5% against the us dollar on thursday, its biggest fall since the beginning of the pandemic in march 2020. that s after the bank