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 (539 views)
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1 Comment

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.

Monday, October 30, 2006 09:21PM Report Comment

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