The expected burst of the housing market is here. In US this have now long been a truth to adjust too. Lately, the rest of the world is catching the same funk.
International Herald Tribune recently wrote; “In Ireland, Spain, Britain and elsewhere, housing markets that soared over the past decade are falling back to earth. Experts predict that some countries, like Ireland, will face an even more wrenching adjustment than the United States, with the possibility that the downturn could turn into wholesale collapse.”
Blog of Intellectual Capital 