The European Central Bank (ECB) has raised the tone of its warnings: the eurozone’s real estate market shows “notable vulnerabilities” that could pose a risk to financial stability. After years …
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No, It’s Not 2008: Why the Current Housing Crisis Is Different (and What the Real Risk Is)
The European Central Bank’s alarms about “vulnerabilities” in the real estate sector have awakened a ghost roaming Europe: the fear of a repeat of the 2008 crisis. It’s understandable. We …
