House prices: I own, I owe, so off to work I go
Article Abstract:
Buying a home used to be considered one of the safest investments one could make, but house values have dropped considerably in many of the world's major cities. Home ownership is more prevalent in English speaking countries than elsewhere.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Recovery hits the wall
Article Abstract:
Much of the world is emerging out of its prolonged recession, but economic recovery will continue to be hampered by declining home prices. Consumers wary of their home's falling value are building up their wealth and spending less.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Housey, housey
Article Abstract:
Consumer spending has remained flat in Jan 1992, due in part to low housing prices. Economists believe that consumer spending will increase once housing prices start to rise.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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