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2011-09-12 — ft.com
Nothing the government did stopped the great Iberian housing bubble from inflating. Spanish home prices more than doubled between 2001 and 2006. Housing construction soared. The lending boom actually increased in intensity after the introduction of counter-cyclical capital rules. China's move to increase affordable house supply is unlikely to help anything either. On the contrary, he says, it could well make the aftermath more painful. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |