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8 major cities experiencing a real estate bubble
30/9/2017 12:00 am [rtl]Capitals / agencies promised a research note in a recent report that the increase in house prices in some major cities around the world over the past five years may indicate " a dangerous bubble." "The asset bubble risk" has begun to increase significantly over the past five years as house prices in Toronto, Stockholm, Munich, Vancouver, Sydney, London and Hong Kong have risen sharply, UBS's recent research note said. , And Amsterdam. House prices in these cities have risen about 50 percent since 2011, which is very high compared to domestic economic growth rates and inflation rates, and the rate of income and rents rose by almost 10 percent over the same period. According to the Global Real Estate Bubble Index, these cities have seen their price growth drive into a "dangerous bubble" that could explode soon. Although home prices in San Francisco and Los Angeles are overpriced, increasing by 65 percent in San Francisco since 2011, the United States was not among the countries monitored by the index, buoyed by its strong economy and the recovery of technology companies. While prices in the Canadian and European markets rose rapidly; due to low mortgage rates. In European cities, prices have increased because annual payments to homeowners have fallen below the 10-year average.[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=145156[/rtl] |
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