• Funderpants @lemmy.ca
      link
      fedilink
      arrow-up
      4
      ·
      edit-2
      1 year ago

      It’s the mortgage and other loan interest rates that I’m meaning to allude to here. People facing a 30% increase in mortgages or rent might find that shelling out for that expensive car, it’s maintenance and operation isn’t as tenible as it was a year ago. That’s the whole point of those rate hikes, to stop us buying everything else and push price growth back in line.