Uncertain future inflation projections interact with interest rates to challenge business plans

Columns · Vol.21 No.7 · 03-07-2009 · Don McIntosh, Capital Finance Strategies · business_planninginflationinterest_rate

The dramatis personae of the new social housing finance environment are now assembled: centre stage are higher finance and derivative costs, while existing debt lurks, hoping to be re-priced when increased capital requirements are imposed on the banks if not before. House prices lie fallen to the right while inflation, perhaps the most important of all, is attempting to exit stage left.

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