Thursday, June 12, 2014

IMF sounds global housing alarm -

IMF sounds global housing alarm - "The world must act to contain the risk of another devastating housing crash, the International Monetary Fund warned on Wednesday, as it published new data showing house prices are well above their historical average in many countries."


This is not a repost from 2007.  It seems that low interest rates are contributing to what some economists think is a bubble in some countries.

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