324. Why lower interest rates can hurt more today
Anyone whose parents lived through the early 90s has probably heard about interest rates hitting 17.5%. But while rates are much lower today, house prices have climbed far beyond what many incomes can comfortably support. So even a small interest rate increase can put serious pressure on an already stretched household budget.
Are interest rates really too high, or have mortgages simply become too big?
In this episode, Tash and Jack unpack why today's interest rates can feel more painful than the much higher rates of previous generations. They look at what's driving inflation, whether decades…
The skinny
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