The Economist Talks Real Estate
The global boom in house prices has been driven by two common factors: historically low interest rates have encouraged home buyers to borrow more money; and households have lost faith in equities after stockmarkets plunged, making property look attractive.
Will prices now fall, or simply flatten off? And in either case, what will be the consequences for economies around the globe?
This article about The global housing boom by the Economist explores this in greater detail.
