Global residential markets [electronic resource] boom or bust?
Global residential markets boom or bust? [electronic resource]
- London ING 2008
Examines the state of the global housing market. The US housing slump was caused by failure in its sub-prime market. As in the US, the global house price increase has reduced affordability. Considers whether a global slump might follow the same pattern as in the US. Argues that the most vulnerable countries are those with relatively high unemployment and affordability below the long-term average such as the UK and New Zealand. Suggests that demand for rental property will be strong. Considers the outlook for developers and investors. In developing nations, key drivers are expected to support long-term housing demand.
Advanced
International
333.33 $2 18
Examines the state of the global housing market. The US housing slump was caused by failure in its sub-prime market. As in the US, the global house price increase has reduced affordability. Considers whether a global slump might follow the same pattern as in the US. Argues that the most vulnerable countries are those with relatively high unemployment and affordability below the long-term average such as the UK and New Zealand. Suggests that demand for rental property will be strong. Considers the outlook for developers and investors. In developing nations, key drivers are expected to support long-term housing demand.
Advanced
International
333.33 $2 18