The only way is up for interest rates

By John Collett
Updated December 8 2014 - 10:08am, first published October 22 2014 - 12:15am
Exposed: Many households will struggle when interest rates rise, with home loans and other consumer debt likely to put the heat on budgets. Photo: Simon O'Dwyer
Exposed: Many households will struggle when interest rates rise, with home loans and other consumer debt likely to put the heat on budgets. Photo: Simon O'Dwyer

While demand for property outstripping supply is often blamed for the ramp-up in property prices, interest rates at historic lows are also behind booming prices.

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