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Norway’s Real Estate Agents Join Calls for Higher Rates

Trying to prevent a property bubble from bursting
Posted by John McClelland on September 04, 2012 in  housing bubble  norway
This is an interesting article from Bloomberg. Home prices have been on a tear in Norway and many do not want to see a replication of other bubble markets like Japan, U.S, Ireland and Spain.   http://www.businessweek.com/news/2012-09-03/norway-s-real-estate-agents-join-calls-for-higher-rates   However, the caveat is how one can produce a "soft landing." Most of the time bubble are not deflated little by little, but with a crash.... read more
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