U.S. and U.K. Property Bubbles: Bounce, Then Bust Again

Sold At The Top submits:

Against the backdrop of historically low interest rates and government stimulation, participants in property markets in both the United States and the United Kingdom responded with nothing short of jubilance.

Whereas pessimism was the leading dynamic for the majority of 2008, it seems that the Spring of 2009 brought a renewal of housing euphoria, though in a more limited and fragile sense.

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