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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (86121)8/19/2007 5:51:01 PM
From: RockyBalboaRead Replies (2) | Respond to of 306849
 
Continental Europe has no housing bubble.

The only place where a real asset inflation takes place is London, UK.

Rents are there at US $6000 a month for one bedroom. Prices are north of one million.



To: Lizzie Tudor who wrote (86121)8/19/2007 5:57:44 PM
From: Dale BakerRead Replies (2) | Respond to of 306849
 
Nice urban housing in Europe tends to be expensive because the supply is limited, and many countries don't crank out tract suburbs 100 lots at a time like clockwork. Most urban centers no longer have the land to build them on.

But I agree with Midland, I wouldn't call it a bubble outside the UK and maybe Spain.


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