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Cemap 2 Topic 1
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What factors hampered the recovery of the property market following 07-09 financial crisis? - Recession, banks wasn't lending What are the contributing factors that make it difficult for first time buyers? - stringent affordability test, larger deposits, higher house prices When interest rates are low for a prolonged period of time what is likely to happen to property prices? - Rise Interest rates on mortgage loans are closely linked to which interbank lending rate? - 3 month LIBOR Inflation can be reduced by reducing interest rates. True or false? - False
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