Wednesday, November 10, 2010

UK high on list of most overvalued housing markets

Oz tops list of overvalued houses, then HK, Spain, France Sweden, UK

Australia tops the ranking of countries not to buy a house because of overvaluation on fundamentals according to data compiled by The Economist magazine. Interestingly after a four year housing recession the USA is now approaching fair value. But Japan is the biggest bargain with a 34.6 per cent discount and then comes Switzerland.

Posted by peter cooper @ 09:42 AM (718 views)
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