Houses built on sand
Houses built on sand
- 2007
- Economist 384(8546) 15 September 2007, 104(1) .
Regular feature on house prices around the world. Focus is given to the apparent end of the housing boom in the US. Argues that by global standards, and particularly by American standards, the boom was relatively minor. Ill-advised subprime mortgage lending may have been responsible for the early end to the boom, and may leave the mortgage industry with a hangover as defaults rise. Makes comparisons with other housing markets around the world. Presents the Economist's house price indicators in a number of countries. Table.
International
Regular feature on house prices around the world. Focus is given to the apparent end of the housing boom in the US. Argues that by global standards, and particularly by American standards, the boom was relatively minor. Ill-advised subprime mortgage lending may have been responsible for the early end to the boom, and may leave the mortgage industry with a hangover as defaults rise. Makes comparisons with other housing markets around the world. Presents the Economist's house price indicators in a number of countries. Table.
International