«Macroprudential and housing policy measures, as well as higher longer - term borrowing costs resulting from
the projected gradual rise in global long - term yields, are all expected to weigh on housing expenditures.»
Interestingly,
projecting into the future, we are in a peak now and can expect a
gradual decline until around 2037, followed by a
gradual rise for around 30 years, then a more rapid decline.