Daily Fail: RBS becomes the first bank to set negative interest rates: It's charging large firms to hold cash - so… https://t.co/UHLMHwDUKA— housepricecrash (@housepricecrash) August 20, 2016
Wednesday, August 24, 2016
Are negative interest rates a harbinger of falling house prices?
What does this say about the economic climate when you can't give away money? Negative interest rates such as those witnessed in Japan are not good news for people investing in property based assets. It's saying that potential borrowers don't want to borrow money to invest in assets which have a serious risk of falling values. Property prices can go down as well as up least we forget.
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interest rates
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