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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: damainman who wrote (35381)7/15/2005 12:09:21 PM
From: CalculatedRiskRead Replies (1) of 306849
 
New 'Dutch disease' has lessons for U.S. housing
today.reuters.com

U.S. and British policy makers concerned about house prices falling need only look at the Netherlands to see how even a soft landing can dampen growth.

With the Dutch economy in the fifth year of a slowdown, persistently low consumer spending led the daily Volkskrant to diagnose a "new Dutch disease," and the NRC Handelsblad said the economy was "hostage to the housing market."
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