Schlumpf, Felix, Tessera, Genene and Martínez Gutierrez, Catalina , Market Risk of Real Estate (October 24, 2012). Available at SSRN: http://ssrn.com/abstract=2172299Abstract: "Direct real estate is the largest asset class without readily av… more »
Source: The Economist (click on graph for larger image)
The Economist states that there is no "standard recipe" to avoid the next property bubble:
"Property may be prone to excess everywhere but the policy response to the events of the past de… more »
Source: Telegraph.co.uk (click for larger image)Telegraph.co.uk, Blogs: Reckless Europe beats reckless America at property bubbles, by Ambrose Evans-PritchardAmbrose Evans-Pritchard, August 3, 2010Keywords: Property Bubbles, Real House Price In… more »
I like this process flow diagramm of the financial crisis. Gives a good overview about the dynamics of the crisis - also for the non-finance professional:
click on picture to see the whole diagramm more »
It is interesting to see that Asian real estate share prices dropped much more dramatically that the prices in other regions, including the United States. They have been much more inflated than the prices on other continents. more »