What will happen to the rental market if houses prices go down?

Houses for sale and lease are advertised in the window of a real estate agent at Bondi in Sydney, Friday, April 24, 2009. (AAP Image/Tracey Nearmy) NO ARCHIVING Source: AAP
With reports showing that the rising interest rates will push housing prices down by 10 to 15%, there are a lot of speculation of what will happen to rental prices.
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