Salient to Investors: Bengt Hansson at the Swedish National Board of Housing, Building and Planning said: The Swedish housing market is dangerously overvalued – house prices were 25 percent above fair market value in October, apartments even more overvalued. Oceans of easy credit have eroded the Lutheran tradition of always
READ MORE... →Salient to Investors: Housing in Australia accounts for 60 percent of average household wealth versus a global average of 45 percent. Average household debt has been near 150 percent of annual income since 2006 versus 135 percent in the US. House prices have not fallen more than 10 percent in
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