With the financial markets in the US now facing Fed tapering and many of the global economies facing new deflationary fears, is the newly created real estate bubble about to burst?
While tapering hasn't forced up interest rates in the US yet due to a flight to quality caused by the global fears of economic contagion, from the stock market to real estate there a many bubbles that are at risk!
These are some 10-year real estate statistics from New York City that show how financial crisis or no financial crisis things are a little bit frothy.
Read the article here.
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