Foundation for Economic Education
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Home Values Fall around the World
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The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern India. (New York Times [1], Monday)
Government intervention isn't unique to the U.S.
FEE Timely Classic
The Neglected Factor in the Housing 'Bubble' (pdf) [2] by Raymond J. Keating
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/home-values-fall-around-the-world/
URLs in this post:
[1] New York Times: http://www.nytimes.com/2008/04/14/business/worldbusiness/14real.html?ref=todayspaper
[2] The Neglected Factor in the Housing 'Bubble' (pdf): http://www.fee.org/pdf/the-freeman/0306raymond.pdf
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