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What's Really at the End of the Rainbow | 18 comments (18 topical, editorial, 0 hidden)
Re: What's Really at the End of the Rainbow (none / 0)
OK, but what effect does the property boom have on the overall economy?
by afew (afew(a in a circle)eurotrib_dot_com) on Tue Jul 5th, 2005 at 07:50:41 AM EST
[ Parent ]
Re: What's Really at the End of the Rainbow (none / 0)
Contributes lots of economic activity: building, selling, lending, furnishing etc.

There is some leveraging of equity, but I don't get the impression that its reaching very dangerous levels. Personal indebtedness is rather lower here than in the UK or US as far as I recall.

by Colman (colman at eurotrib.com) on Tue Jul 5th, 2005 at 08:07:35 AM EST
[ Parent ]

What's Really at the End of the Rainbow | 18 comments (18 topical, 0 editorial, 0 hidden)
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