European Tribune - Comments - Is the US Housing Boom running out of Steam?

Is the US Housing Boom running out of Steam? | 10 comments (10 topical, editorial, 0 hidden)

Re: US centric for a reason (none / 0)

I think you hit on the essential differences. However, it is important to note that the European example shows us that people will pay very high prices for property and that housing prices can remain this high because of the demand. The price of a flat in Athens exceeds the average income by much more than the 2, 3 or 4 to 1 factor we've become accustomed to in the US.

by Upstate NY on Wed Aug 24th, 2005 at 09:45:55 AM EST
[ Parent ]

Re: US centric for a reason (none / 0)

I again don't have statistics on this, but I seem to recall that there is a stark US-European difference in the ratio of homeowners and flat renters. If that is so, then high house prices do make a difference, and would in the USA too.

_{*Lunatic*, n.

One whose delusions are out of fashion.}

by DoDo on Wed Aug 24th, 2005 at 10:20:49 AM EST
[ Parent ]

Is the US Housing Boom running out of Steam? | 10 comments (10 topical, 0 editorial, 0 hidden)

. Home
. About
. Contact
. New User Guide
. FAQ
. ET Editorial Guidelines
. Search
. Search (Google)

Username:
Password:

. Make a new account
. Reset password

Recommended Diaries

Clipping the wings of a judge
by Migeru - Feb 10
31 comments

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Sarkozy: Enemies Ahoy!
by afew - Feb 10
17 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Bristol Pound
by ChrisCook - Feb 7
14 comments

Recent Diaries

Sarkozy: Enemies Ahoy!
by afew - Feb 10
17 comments

Clipping the wings of a judge
by Migeru - Feb 10
31 comments

LQD: Unsustainable irrigation
by Melanchthon - Feb 9

Hunger March wins PR battle
by DoDo - Feb 9
3 comments

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
31 comments

Strange Fruit
by Frank Schnittger - Feb 4
14 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

More Diaries...

Occasional Series

Click for full list