Why Interest Rate Cuts Won’t Fix a Global Housing Affordability Crisis

Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing. Affordable Housing, Real Estate and Housing (Residential), Prices (Fares, Fees and Rates), Interest Rates, Mortgages, Building (Construction), Federal Reserve System, Bank of England, European Central Bank, Banking and Financial Institutions Central bankers are lowering borrowing costs, but that won’t be a cure-all for a widespread lack of affordable housing. NYT > Business

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