WHAT WOULD MAKE THE MARKET GO BERSERK?
Coronavirus has pushed us into unprecedented times. Policymakers are rewriting the rulebook and experimenting with unconventional policies. It’s not unimaginable that structural changes could flow into the property market.
That’s why we’re going to imagine three different “structural change” scenarios and their impact on the property market.
SCENARIO #1
THE MAXIMUM MORTGAGE TERM INCREASES FROM 30 TO 35 OR 40 YEARS
In an attempt to help first home
