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2012-03-19

Men det kan väl inte gälla Sverige?

The graphs of historic bubbles, if expressed in real prices, have nice bell-shaped curves.




This makes sense, since domestic property is an unproductive real asset.

In Spain, as elsewhere, it would be reasonable to assume real prices will eventually fall
to where they were in the mid-to-late 1990s.

Det skrev Wolfgang Munchau i  Financial Times 18 Mars 2012

Men det kan väl inte gälla Sverige?

Anders Borg är ju så duktig.




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