고금리 버티는 미국 한국만 이자 폭탄 (언더스탠딩 장순원 기자)

📢 Buy the clothes you're going to buy anyway at a low price 🔗 https://www.musinsa.com/curator/shop/... 🔔 20% discount coupons issued from 9/22 to 10/8 (※ Limited to first-come, first-served, so they may run out early) ※ As part of the Musinsa Curator activity, a commission is provided if a purchase is made through this link. 💡 Content Summary This content explains why the impact of rising global interest rates on housing markets in different countries varies, focusing on mortgage structures. Fixed-rate loans were the reason why housing markets in some countries, such as the U.S., U.K., and Australia, were able to weather the sharp interest rate hikes in 2022 better than expected. In particular, the U.S. has a structure where existing borrowers are relatively less affected by rising interest rates thanks to 30-year long-term fixed rates and a massive MBS market. However, the situation is changing as the number of borrowers choosing variable rates in anticipation of falling interest rates is increasing in many countries recently. Analysis suggests that the factors supporting housing prices have weakened compared to the past, compounded by a decrease in household excess savings accumulated during the COVID-19 period and an increase in housing supply. In Korea as well, while the proportion of fixed-rate loans has superficially increased, a significant number are hybrid loans that convert to variable rates after five years. As loans taken out at rates in the 2–3% range during past low-interest periods are converted to current levels, borrowers' interest burdens could increase significantly. It is explained that the Korean housing market is structured to be relatively sensitive to rising interest rates due to the existence of leverage through Jeonse (lump-sum deposit leases). The latter part covers the U.S. commercial real estate and apartment rental markets. While general U.S. mortgages often feature long-term fixed rates, corporate rental housing has a high proportion of short-term, variable-rate loans. As a substantial volume of loans matures, the burden on rental business owners is growing as they must refinance at high interest rates. In particular, the U.S. Sunbelt region, where investment was concentrated after COVID-19, has been compounded by oversupply and rising vacancy rates. Banks have recently been showing a tendency to foreclose on and recover bad loans rather than extending them, raising concerns that the burden on landlords could be passed on to tenants through rent and various cost increases. While it is difficult to view this as a systemic crisis on the scale of the 2008 financial crisis, the report highlights the potential for increased risk in both residential and commercial real estate if interest rates rise further as a key point to watch. 📌Key Topics Rising Interest Rates and the Global Housing Market The U.S. Long-Term Fixed Rate System The Burden of Mortgage Loans in Korea The U.S. Commercial Real Estate Crisis High Interest Rates and Real Estate Market Risks [This is an AI-generated summary of the video] 👉Understanding Inquiries: [email protected] 👉Read "Understanding Text" https://contents.premium.naver.com/ba... 👉Join Understanding Membership @understanding.