According to The Economist, there are still six global real estate markets that are more than 30% overvalued. Australia shows the largest overvaluation at 61.1%, followed closely by Hong Kong and Spain. What happens when these market values return to fair value? Frightening.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Is it Time to Worry about a Stock Market Crash? - October 18, 2017
- Do you Invest with a Performance Chaser? - October 17, 2017
- What Long-term Capital Management and the Fed Have in Common - October 16, 2017