/u/iced_maggot on Home loan arrears on the rise as high debt and low wage growth bite

Written by Iris Lee. Malaysia is not likely to see a decline in household debt despite slower growth in household loans last year. According to a report by StarBiz, economists and analysts opined that the official figure of household debt-to-gross domestic product (GDP) ratio for 2016, which will be out next month, may be lower but further improvement over the next few years may not be.

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C) raises the level of bank reserves, deposits, and bank loans, thereby raising spending by those individuals who do not have access to credit markets. D) lowers the value of the dollar, increasing net exports and aggregate demand.

Creates an artificial strain on businesses to keep up with increasing costs of their own while not being able to pay additional costs of employing people – there is nothing wrong with high inflation – as long as it can be allowed to correct and that the inflation being outstripped by wage growth – coming from company profits

The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent in 2019 from 3.7 per cent in 2018. In particular, growth in the United States remains solid but is expected to slow to a more sustainable pace through 2019.

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Demand for mortgages to grow by fifth despite curbs on lending, says analyst. Michael Cogley, Ireland Reporter. February 28 2018, 12:01am, A total of 3,145 home loans were approved last month.

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Home loan arrears on the rise as high debt and low wage growth bite.. iced_maggot 0 points 1 point 2 points 7 months ago (20 children). I have not yet seen a single claim (for insurance written by us) denied out of 50+ claims. Also worth noting. ‘group‘ insurance claims through Super were.