Dec
20
The Biggest Housing Bubble of Them All Might Be Norwegian
ByMoody’s study finds Norwegian housing is most overvalued among developed nations
A widening chasm between housing prices and rental cost could be a sign that a correction is right around the corner. The biggest chasm can now be found in Norway.
That’s the finding of a study of 20 advanced economies by Moody’s Investors Service looking at the dynamic between house prices and what it defines as a market equilibrium…