Rapidly rising housing prices are “most severe” in five developed sovereign regions of the world and are occurring alongside increased indebtedness, an HSBC report observes. The situation will create challenges for policy makers, with implications for potentially higher interest rates and related currency values. The problem is the nexus of “bubbly asset prices” with debt can derail growth “or even act as the catalyst for a downturn.” [reits] US housing prices have been rapidly rising, but… In the US, housing prices, particularly in hot coastal urban areas, are pushing middle-income residents out of the market. In the Anaheim / Irvine…
Housing Boom In Five Countries Raising Concern
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.