Unchartered territory
Language: English Series: EuroProperty ; March 2006, 16-17(2)Publication details: 2006Subject(s): Summary: Figures suggest that the US property market is booming, returning record profits for investors and attracting ever greater funds for investment. A new wave of people who have never invested in real estate before are starting to come in triggering a surge in the market. However, there is anxiety that this boom will go bust. It is feared that interest rates will significantly increase, thus leading to a decline in real estate prices. Global stability is another factor; the possibility of catastrophic geopolitical events and further rises in the price of oil is a major concern.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132763 (Browse shelf(Opens below)) | 1 | Available | 132763-1001 |
Figures suggest that the US property market is booming, returning record profits for investors and attracting ever greater funds for investment. A new wave of people who have never invested in real estate before are starting to come in triggering a surge in the market. However, there is anxiety that this boom will go bust. It is feared that interest rates will significantly increase, thus leading to a decline in real estate prices. Global stability is another factor; the possibility of catastrophic geopolitical events and further rises in the price of oil is a major concern.