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

To: Dale Baker who wrote (86123)8/19/2007 7:11:03 PM
From: Niels LarsenRespond to of 306849
 
And maybe Denmark,

larouchepac.com

In Denmark 80% of housing is owned vs rented, I believe
Germany is the opposite. Credit in DK has not been given
indiscriminately, but 40-50% of loans have adjustable
interest I read .. so many will be hit by rising interest,
probably enough to hurt employment. Btw, if they do relax
credit in Germany to lower unemployment, that would be
good for banks .. Danish banks have raked it in, with
german banks looking enviously ..



To: Dale Baker who wrote (86123)8/19/2007 11:36:45 PM
From: Live2SailRead Replies (1) | Respond to of 306849
 
I don't know, when I was in The Netherlands, Belgium, and France in 2003, I was blown away by the prices for small places in both big and small cities. And I'm from the Bay Area! If their lending standards are truly more strict (and I think that they are), then maybe the prices aren't bubblicious. Regardless, the Euros took down a lot of our toxic debt, and they will be punished.


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