tag:blogger.com,1999:blog-8492416005551532574.post753046724982946337..comments2024-01-09T08:21:38.158+02:00Comments on Finnish Housing Bubble Bursting - Asuntokupla: The UntouchableHousingFinlandhttp://www.blogger.com/profile/11208457813231210207noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8492416005551532574.post-33976962960572490422007-12-20T14:28:00.000+02:002007-12-20T14:28:00.000+02:00The problem is that they have let the interest rat...The problem is that they have let the interest rate deduction for too long.<BR/><BR/>1- It exacerbated housing price growth- here it might be true that most politicians owns a house and are greedy too therefore kept that measure in place.<BR/><BR/>2- The issue is that they don't have any ammunitions to boost a "dying" housing market. In France they have just introduced the interest deduction in order to boost a faltering housing market.<BR/><BR/>So incompetence, greed and lack of vision is maybe behind that.<BR/><BR/>Soft landing, there is no such a thing...Anonymousnoreply@blogger.com