Five. For the time being.
Households and Nonprofit Organizations; Net Worth, Level/Gross Domestic Product
No comments needed except for one question: what will the next recession do to the Euro area total debt?
Why have Canadian property prices grown so steeply since 2000?
This is why:
How long can the Canadian mortgage boom last? I dare not say.
If your economy's money supply grows like this...
source: tradingeconomics.com
... and debt expansion goes on like that...
... don't expect property prices to remain cheap.
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AuthorPavel Kohout (1967), investor, writer, photographer and application developer (Android, Windows, macOS). Based in London and Prague.
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