Home and exposed

Article Abstract:

Experts reveal that the property slump or soft landing is causing hardship but will not push the economy into recession as it did in 1990. The federal Treasurer reports that that the decline in housing sector activity will be offset by a lift in the export sector since the cessation of the wealth effect from rising home prices will be offset by improved terms of trade and increased export receipts.

Australia, Residential real estate

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Bursting bubbles

Article Abstract:

The proposal to raise interest rates, the first time in four years, by the US Federal bank could have its impact on global housing boom. The property bubble cuts across national boundaries and spiraling prices are seen in countries with strong economies.

United States, Residential Building Construction, Interest Rates, Housing incl Mobile Homes, Housing, United States. Federal Reserve Board, Dwellings, Powers and duties

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