Category: European Housing
The analysis published under this category are as follows.Friday, February 12, 2021
Portugal’s Rental Sector Saw a Decrease of 13.5% in 2020 / Housing-Market / European Housing
As for many countries, 2020 was an economic roller coaster for Portugal. The country rode out the first wave of the Covid pandemic with a commendably low loss of life, but it was the fortunes of other countries which determined its economic fate. The Portuguese government worked hard to reassure the tourists, so crucial to Portugal’s economic survival, that the country was open for business as usual and was a safe destination, but the uncertainty caused by the pandemic and high levels of Covid in neighbouring Spain rendered their efforts in vain. Travel corridors which were agreed with the UK to allow visitors into the country were only partially successful. The uncertainty around whether these travel corridors would remain open and the possibility of being stranded was sufficient to deter most tourists. The effect on Portugal’s economy has been catastrophic and the burgeoning property market has gone into steep decline.
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Monday, July 24, 2017
Commercial Property Market Is Inflated and May Burst Again / Housing-Market / European Housing
by David McWilliams : Dublin property investors had better hope that Brexit happens soon.
They should also hope that it’s not just a ‘hard’ Brexit, but a granite Brexit — a Brexit that’s as hard as possible. They should be betting on the buffoonery of Boris Johnson, down on both knees praying for a massive barney between Davis and Barnier.
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Tuesday, September 08, 2015
Europe's Best Real Estate Investments for 2016 / Housing-Market / European Housing
With the global stock markets currently in uncertain territory, many investors are once again turning toward bricks and mortar as a preferred place to put their money. The chaotic Chinese economy and ever-falling oil prices are two of the main factors making many other types of investment look particularly risky right now. However, the recovery in European property prices has been one of the major success stories of the aftermath of the global banking crisis, so savvy investors will be studying where to buy real estate in the coming year.
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Friday, April 12, 2013
Dutch Housing Bubble Delusion - Europe's Core Rots Some More / Housing-Market / European Housing
Read full article... Read full article...A report published Thursday by the real estate industry in the Netherlands states that the average home price is now 18% lower than it was at the peak in 2008, while detached homes lost 20%-25% (March 2013 YoY prices fell 6.8%, says Eurostat). A separate, earlier, report estimated that 20% of homes, or over 1 million, are now underwater.
Today's report comes hot on the heels of a study issued Wednesday by a government commission, which took a full year to prepare and 121 pages to explain what went wrong in the Dutch housing bubble, and what should be done now to correct it.
Wednesday, January 16, 2013
The Oslo Housing Market Bubble Syndrome / Housing-Market / European Housing
The Stockholm syndrome is a psychological phenomenon whereby hostages develop irrational sympathy toward their captors even to the point of defending their captors in subsequent investigations and criminal trials. While this applies to individuals or small groups, the Oslo syndrome applies to whole national populations.
In The Oslo Syndrome: Delusions of a People under Siege (Smith and Kraus Global, 2005), Kenneth Levin describes a “psychological response common among chronically besieged populations, whether minorities subjected to defamation, discrimination and assault or small nations under persistent attack by their neighbors. People living under such stressful conditions often choose to accept at face value the indictments of their accusers in the hope of thereby escaping their predicament.”[1]
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Tuesday, October 09, 2012
Netherlands House Price Crash Underway; Will France Follow? / Housing-Market / European Housing
The Netherlands has the 5th largest economy in the eurozone. Home prices are in the midst of a huge plunge notes reader Andrea who is from Italy but now lives in France.
Andrea supplied links to articles in the Wall Street Journal and Bloomberg. She writes ...