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Many will be forced into foreclosure.This constellation will drive house prices down.
The absence of buyers could drive house prices down further, reducing the value of other lenders' collateral.
But mortgage brokers fears a stampede of new applications, while critics say the scheme will simply drive house prices higher.
This will create more demand and drive house prices and rents higher – which will, perversely, reinforce the choice of property as a savings vehicle.
Neighbours, many of whom have lived in Anfield for decades, remembering a vibrant, flourishing area, believe Liverpool bought and left houses empty to deliberately blight the area, intending it would prompt people to leave and drive house prices down.
They're offering a €200 monthly rental subsidy to young people to dissuade them from buying at the moment in an attempt to drive house prices down through "natural market forces".
Similar(49)
Perhaps the biggest factor that will drive housing prices upward is immigration.
Newcomers from around the country are helping to drive housing sales in Raleigh.
Further monetary stimulus — which might seem to be the answer for a slowing economy — could drive housing prices even higher.
First-time buyers, who usually drive housing recoveries, are playing a smaller role in the current rebound.
Petition Notes Abuses The honest appraisers saw that the situation was helping to drive housing prices beyond reason.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com