
The baseline outlook is subject to a number of downside risks. The interaction of household and bank balance sheets linked through changes in house prices makes the outlook subject to unusually large uncertainty. A drop in house prices in excess…
It is blowing up in exactly the same way that Ireland, Greece and Portugal did — except on a slightly longer fuse. Bron: Marketwatch
De Amerikaanse huizenprijzen lagen in maart 10,5% hoger dan een jaar geleden. Het is de grootste stijging op jaarbasis in zeven jaar tijd. Bron: FD.nl Lees ook:
“It’s broadly accepted nowadays that China still lives under the banner of ‘communism’ despite capitalist markets playing an increasing role in society. In Britain and America – at least where the housing market is concerned – the reverse process seems…