Mapping Global Real Estate Bubble Risks In many major cities, real home prices have declined as high interest rates are dampening demand. Simultaneously, property markets are slowing due to tough financing conditions and rising construction costs. As a result, housing bubble risks have eased in cities like Hong Kong, London, and New York. However, strong demand in the luxury market and a booming stock market are fueling bubble risks in cities like Miami and Los Angeles. This graphic, via Visual Capitalist’s Dorothy Neufeld, shows the cities with the highest real estate bubble risk, based on the UBS Global Real Estate Bubble… — Continue at ZeroHedge News : Read More
