Banks gotta make money still and some level of financial stress on their customers means more money for them. I think read that article you mentioned and I think she will be fine, she just needs to cut back, so it's not like in the US when people literally could not pay their mortgages and had to default. My concerns are the higher income earners who have taken out 1-2 million loans on the assumption of low interest rates and have "regular expenses" like private school and expensive car loans as well. Someone I know is looking at 10k per month on mortgage & car loan payments alone. I can see the financial stress on this face, but he has to pretend everything is ok for his kids and everyone else.

My wife's half an interest is the "Sell sell sell" part. My half is the "Buy buy buy" part....Lol