HAre we heading for a collapse in the housing market and a new economic crisis that could affect us all? Or should we beat cold water in the blood and let a hot housing market cool by itself – and find the normal?
Banks, mortgage lenders, economists, politicians and many homeowners are eagerly awaiting the outcome of Monday’s meeting of the Systemic Risk Board, which is tasked with monitoring and identifying financial hazards and risks in the economy – and pointing out the solutions that are required.
In advance, all indications are that the state risk council will put further pressure on the government to get it to implement political interventions that can limit the risk of sudden price falls and panic – in a housing market that has almost gone crazy in trades and price increases it recent years.
Source: Politiken.dk – Forsiden by politiken.dk.
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