The latest bubble warning: Sweden house prices
Posted by: in Home Mortgage Online, tags: Asset Prices, Baltics, Bubbles, Depression, Easy Money, Europe, Excerpt, Globe, Home Loan Rates, House Prices, Lowest Home Loan Rates, Massive Exposure, Monetary Policy, Random, Recession, Residential Property, S Central, Sweden, Swedish BanksRandom Feed wrote an interesting post today on
Here’s a quick excerpt
There is mounting evidence that bubbles are forming again everywhere across the globe as easy money makes itself felt in asset prices. The latest evidence comes from Sweden where Europe’s lowest home loan rates have pushed up the price of residential property. At issue is the extremely loose monetary policy in Sweden that is an outgrowth of both recession in Sweden and a massive exposure by Swedish banks to the Baltics which are presently in depression. Sweden’s central bank, the Riksbank, ha
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