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)
- America Records Fastest Home Price Inflation Since 2006 - May 24, 2018
- If You Had to Choose, Cell Phone or Car? - May 23, 2018
- Old Industries Reinvented with Ad-Tech - May 22, 2018