RE: Real Estate and Retailers are taking a hit

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I see the Aussies are also getting hit big time with their real estate market because of the slight interest rate increase

hive-167922
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Indeed, it is across the bird and especially in Anglo-saxon countries as they tend to have more mortgages on floating rates.
The hike has been very violent though… from 2% to 4-5% is a 100/150% increase.

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