Global Property Guide Poll
How badly will the US debt crisis hit the world's housing markets?
Last Updated: May 13, 2008
The US has the world's largest economy and financial sector. With the debt crisis, it is widely expected that the US economy may slowdown or even enter into a recession. And when the US sneezes, the world catches cold. Global Property Guide asked its readers "How badly will the US debt crisis affect the world's housing markets?"
Our readers are almost equally divided between those who felt that while the US crisis is a factor, other issues are more important to house prices worldwide (47%) and those who feel that the US crisis will hit house prices badly (44%). Few respondents however (9%) feel that the crisis in the US is totally irrelevant.
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How badly will the US debt crisis hit the world's housing markets?
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Your Comments
posted by Rose Mary Ojeda | 2008-02-13
Real Estate Broker, Portland, OR
Real estate markets are local! There are simply too many variables to predict the us housing price contraction will impact the world's housing markets.
posted by Manu Gentili | 2008-02-23
Fin Mngr, Hong Kong and Thailand
guess demand of properties in key markets depends on local specific economic growth condition ... even if places which are "international hubs" can have dynamics a lot more complicated (i.e. Hong Kong).
posted by ashka | 2008-02-25
student, Netherlands
House crisis in US is a disaster; it begining of ''undergang'', I think it will mostly effect Europe! Emerging markets are safe..