|
|
"A comprehensive, collaborative elections resource."
|
Norway's Housing Bubble Makes Ours Look Almost Cute By Comparison
|
|---|
| Parent(s) |
Container
|
| Contributor | RP |
| Last Edited | RP Jun 28, 2012 03:04pm |
| Logged |
1
[Older]
|
| Category | Commentary |
| Author | Matthew O'Brien |
| News Date | Tuesday, June 26, 2012 11:25:00 PM UTC0:0 |
| Description | 
Norway has actually has had two housing bubbles the past two decades. The first looks relatively puny, but that's only because the second has been so mammoth. Norway's late-1980s bubble saw prices double in the span of a few years -- roughly the same size as our own burst bubble. But that looks downright Lilliputian compared to what's happened in Norway the past 15 years: Housing has quadrupled. And that's after inflation. |
| Share |
|
|
2¢
|
|
| Article | Read Full Article |
|
| Date |
Category |
Headline |
Article |
Contributor |
|
|
