Monday, Oct 30, 2006
Europe Faces Infection From U.S. Home-Price Fall
bloomberg: Europe Faces Infection From U.S. Home-Price Fall: Matthew Lynn
Oct. 30 (Bloomberg) -- In the last decade, real-estate prices in Europe have moved in one direction -- up.
That may be about to change. In the U.S., a booming property market has stalled. Plenty of people think it may be facing a full-scale crash. If that happens, it would be complacent to assume that Europe could avoid the fallout.
Posted by jmf @ 09:59 AM (193 views) Add Comment
1 Comment
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1. harold said...
Yes, let's hope that the US finally exports something other than a crap foreign policy and McDonalds, i.e., HPC. Sure as hell don't want any of their increasingly worthless bits of green paper, sorry, currency.