It's not just that there are fewer buyers around, tighter credit controls are also hitting sales.
Tighter credit and lower consumer borrowing are not the only drivers of economic restructuring.
Losses that European banks make on American mortgage products, for instance, may cause tighter credit in Hungary.
And just as booming credit once underpinned strong domestic spending, so tighter credit will mean slower growth.
Tighter credit, in theory, could cut into inflation, which is just over 5% over the last 12 months.
It means Hong Kong follows U.S. interest rates even though Hong Kong's higher growth rate might merit tighter credit.
Worryingly, part of this new borrowing has been at variable interest rates, which makes it susceptible to tighter credit conditions.
The combination of a weakening labour market, slipping house prices, tighter credit and higher fuel costs will weigh on domestic spending.
"They're financed more like consumer products, " he said, noting that the higher rates and tighter credit have hurt demand for mobile homes.
"Tighter credit will eliminate the shakiest loans, but will shut off many credit-impaired borrowers who truly could make the payments, " notes Retsinas.
He reckons that tighter credit and limits on finance for leases have cost his firm a fifth of its sales this year.
Tighter credit policies on property and equity lending announced by the central bank March 28 threaten to throttle earnings growth in the short-term.
Louis Fed, yet they have been criticized for failing to lend those out, given tighter credit markets and lower loan demand amid a slow economy.
FORBES: Fed's Bullard Says He's Ready To Increase QE As Inflation Is 'Too Low'
He said uncertainty caused by the eurozone crisis was "contributing to increased funding costs for UK banks and tighter credit conditions for households and businesses".
Given the tighter credit hurdles potential homebuyers must jump through to acquire mortgages these days, hard cash is accounting for more and more home purchases.
FORBES: Existing-Home Sales Fall Again, According To National Association Of Realtors
Additionally, the financial crisis and the economic recession resulted in tighter credit standards and a dramatic decrease in the number of cards issued by financial institutions.
Much of the rich world is already in recession, partly because of tighter credit and partly because of the surge in oil prices earlier this year.
Anything is possible, but given tighter credit standards (4th chart), a recovery in prices will have to rely more on income growth than a rapid expansion in credit.
Business investment too is likely to slacken in the months to come, partly because the overall economic outlook has darkened and partly as a consequence of tighter credit.
ECONOMIST: The Bank of England stands firm, but cuts are on the way
Nearly 50 lenders have dropped out, citing tighter credit markets.
This is the result of increased demand in essential, commodity-based assets that comes at the same time unemployment, stagnant wages and tighter credit cause consumers to put off big-ticket purchases.
Fears of tighter credit in China weighed on stockmarkets this week but the signs still point to very gradual tightening and scant dampening of growth in China and the rest of the emerging world.
The Federal Reserve cut a key interest rate by a quarter-percentage point Tuesday to 4.25 percent in an effort to buoy a U.S. economy battered by tighter credit and a continuing mortgage crisis.
Some managers seem preoccupied with all the negatives of the economy and business climate the high unemployment rate, tighter credit, weakness in consumer spending, a slow housing market, increasing regulatory scrutiny, the Federal budget deficit, and more.
With small business credit tighter than in the pre-recession era and options for personally financing new companies through home equity lines of credit, credit cards, or savings much more restricted than it once was, many of those reentering the labor force who would have considered starting businesses in more expansionary times are not thinking of starting businesses now.
Dan Martin, the president of the partnership and a former banker, said that some rejected buyers may now get a second chance, particularly if they have been turned away by credit standards tighter than those required by federal mortgage entities.
These large cap stocks have dividend yields greater than the average yield on 10-year corporate paper, and 5-year credit default swap spreads tighter than that of 5-year U.S. debt.
If it doesn't, credit conditions will get even tighter for the country's all-important small- and medium-size businesses.
应用推荐