Wednesday, 17 October 2012


Norway’s Housing Boom Could Lead to Spain-Style Bust, Say Some

Norway’s housing sector, which has seen prices jump by almost 30 percent since 2006 — could end up replicating a pattern of housing booms and busts seen across the globe, from the U.S. to Japan to Spain and Ireland, according to a report by Bank of New York Mellon.

The rest of the article can be found here :

I wonder if Northern real estate is overheating...

Also it is interesting to see that Finnish mortgage rates are the lowest in Europe (since there all based roughly on variable interest rates based on 1 year Euribor)