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BudoBear

Global Housing Bubbles - Supasuds!

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Although most on this forum are aware of the global issue of housing bubbles, it's always nice to have a new colourful graph to look at.  Zero Hedge have just posted an interesting article looking at a comparison of leading countries HPI and HPC in some cases.  It looks at how our reliance on easy credit/debt has lead to HPI that is essentially keeping economies buoyed up. As has been disccused for over a decade on hpc.co.uk it is clear that major economies are supported solely by their housing bubbles.  One of the graphs seems to show several of these economies levelling off, or even starting to turn. 

Check the ZH article here: http://www.zerohedge.com/news/2017-03-31/our-economies-run-housing-bubbles

bB

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