Are we going to witness an historical housing price correction amid sharpest rise in unemployment and social tension?...and the minimum you should know in order to protect yourself from this downturn from an economic, stock market and political point of view... with a pinch of humor and sarcasm.
Sunday, 11 November 2012
Canary in the coal mine ...
The last time we saw the 2 Years government bond reaching the same historical low,was in 2 August.
It clearly shows that investors are looking for safety, ready to pay for keeping their money (albeit a low amount). Basically the government is playing the role of a safety box...
For some who are interested in the french market, a market that also behaved in the same way as in Finland (i.e. was not affected by the current crisis), You can find a report genereated by one branch of the french government. It has very good and credible argument, and actually I like the idea shown in the page 79: www.cgedd.developpement-durable.gouv.fr
Thursday, 8 November 2012
Flying Piggies ...
"In a report titled: “Just don’t look down some house markets are flying again” Goldman Sachs argues easy money policies by the world’s major central banks has had a ripple effect on countries which have avoided the worst of the global financial crisis, boosting their house prices.
According to Goldman, there now exist housing “high-flyers” - countries that have experienced real house price increases and “low-lyers” - countries where the housing market downturn appears to be more protracted.
“High flyers” include Germany, Finland, Norway, France, Switzerland and Israel as well as Canada and Australia." Source: CNBC
"What goes up, goes down", ConfuciusHousingFinland
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