Difference between revisions of "US Real state bubble"
Jump to navigation
Jump to search
(No difference)
|
Revision as of 17:24, 25 November 2004
Description:
US (and World) real estate bubble may be nearing its end. Bursting of such may bring the world economy into a grinding halt.
Enablers:
- Lower interest rates have made it easier for investors to borrow more to buy - Property is seen as a more attractive investment given the poor performance of stock markets - Millions of families are spending 35 to 50% of their annual income on mortgage or rent payments -
Inhibitors:
- - -