Thursday, February 23, 2012

The Post-2009 Northern & Western European Housing Bubble

The Post-2009 Northern & Western European Housing Bubble

Could Sweden or Finland be the scene of the next European financial crisis? It is actually far likelier than most people realize. While the world has been laser-focused on the woes of the heavily-indebted PIIGS nations for the last couple of years, property markets in Northern and Western European countries have been bubbling up to dizzying new heights in a repeat performance of the very property bubbles that caused the global financial crisis in the first place. With their overheated economies and ballooning property bubbles, today’s safe-haven European countries may very well be tomorrow’s Greeces and Italys.

Posted by jesse colombo @ 04:42 AM (1013 views)
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