Reply To: Spanish property market 2008: soft landing or train wreck?

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#77862
rt21
Participant

I read an interesting article this morning regarding a study of house prices in Holland over a couple of centuries, which suggests that house prices maintain a sort of equilibrium over the long term but include periods of steep increases and decreases. (Bubbles)

The academic who drew up the index said that “home-owners worldwide may need to brace for double-digit losses in once-booming markets”

the link for the article is below

http://uk.news.yahoo.com/rtrs/20080127/tbs-uk-dutch-housing-7318940.html

Richard