[Parmy]

Could be if they start borrowing to fund their lavish lifestyles and help dry up the available low cost cash that could cause interest rates to rise domestically which would cause savings rates to rise as well.

Granted that would cause the cost of money for development to rise, but it also might stimulate some borrowers to move to lock in rates before they would have time to rise.

[AndyJackson]

Expect the price of mega yachts and real estate on the Cote d’Azur to plumet.