mnot’s Web log

“Design depends largely on constraints.” — Charles Eames

Global house prices

I've been following the Economist's new Global Housing Index with some interest.
They seem to have softened their view somewhat, but I'm hearing more about a global housing bubble recently - first, in a WSJ article about the author of "Manias, Panics and Crashes" (which I'm now reading, alas, too late) and later in a story on NPR. It is interesting that there aren't good tools for tracking the state of real estate, even though there's more money there than in equities, worldwide.

Filed under: Economics

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