Is Europe’s housing market next?

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Series Details 12 February 2008
Publication Date 12/02/2008
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In this commentary, CEPS Director Daniel Gros compares housing markets’ dynamics in the EU and the US, arguing that the downturn in house prices is likely to undermine consumer spending on both sides of the Atlantic.

Source Link http://aei.pitt.edu/11599/1/1599[1].pdf
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