News: 2014-01-31

Housing
Roubini Global Economics - Housing Bubbles Part 1: Where Are Indicators Flashing Red?
"Home prices look extremely elevated in Norway, France, Canada, the UK, Sweden and Australia; in emerging markets (EMs), only Hong Kong stands out, but Turkey’s and China’s markets are ripe for a downturn and Brazil shows cause for concern, for reasons we explain in detail. In developed markets (DMs), debt service at historical lows and rising incomes mean a catalyst for correction will await rate hik...


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