Property and stocks alike could benefit from such a diversion
When the supply of credit increases to a particular asset class, there is little doubt that the price of the asset increases. This is true of housing prices as well as those in the capital markets.
In the case of the former, there has been a noticeable bias of increased loans extended to new buildings, which accentuates the belief that new builds – and even as insofar the loans extend to offplan projects in certain cases – will trade at higher levels than in existing ones. Regardless of pricing…
