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Real Estate Briefing - Categorized | Emerging Trends, Europe, Residential property Watch more

Europe’s new housing booms

Posted on 20 September 2012

It’s mainly for Southern Europe’s benefit that the European Central Bank is keeping its monetary-policy floodgates wide open. But in a currency union, cheap credit lifts all boats. Exhibit A is the ongoing boom in Northern European real estate.
Not half a decade after a calamitous housing bust in many European countries, property prices are being bid up in new markets, as investors flee the Mediterranean badlands seeking stable returns. This could end badly………………………………………..Full Article: Source

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