It has recently been put to us by a few clients that, counter to the Government’s best intentions, the Asset Protection Scheme (APS) will actually encourage lenders to foreclose on existing commercial property loans, thereby raising the risk of an increase in forced sales and a renewed slump in capital values. These are certainly valid concerns, but we suspect that the risks are low.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services