I predicted back in November2017 the Danish and Swiss and Australian Real Estate Prices to stagnate and decline in real terms:
https://tradingbenchmark.weebly.com/trading-benchmark/real-estate-crash-germany-denmark-rising-rates-sovereign-debt-crysis-20-predictions I just want to say, this also goes for their neighbours Sweden and New Zealand. Many smaller cities and towns in Europe basically die out. Spain, Hungary, Germany, Southern Italy. This will surpress the Real Estate Market permanently very unlike what we experienced 1996-2008 Basically we are now going into a shift, where over the next 4 years we have to prepare to shift our capital and investment toward Asia, where the growth is. We should also create our carreers so that we can profit from Asias rise over the next decades. Just one example Mongolia doesnt yet have our aging and pension problems. Malaysia has much lower taxes than the USA. Singapores infrastructure is sparkling new instead of crumbling to dust like the USA electricity grid, or Swiss and French Nuclear-Reactors. Beijing has top Universities now. Its just becoming obvious that Asia has much more economic growth upside than "the West" until 2040 Measures for that are for Sweden: http://www.nasdaqomxnordic.com/index/index_info?Instrument=SE0000337842 OMX Stockholm 30 Index currently at 1573 https://tradingeconomics.com/sweden/housing-index?embed Sweden house price index currently around 230 For New Zealand: https://www.rbnz.govt.nz/statistics/key-graphs/key-graph-house-price-values https://www.reinz.co.nz/residential-property-data-gallery New Zealand is a well run country and has nice tax laws, great nature. Some parts have a nice climate. Its population is relatively youthful and rich. Certainly a nice place. The high-end property market is fuelled by chinese and indians and laws could be passed against that. Sweden is not as nice and taxes are high so there i am more bearish. Just go to a park in Malmö on a sunny summer day... By the way, the idiots saying Scandinavia is a role model with its big government and social system, you know when they had their growth and rise? When they had lower taxes and smaller government! You know when they started stagnating and Nokia going bankrubt for example? After introducing their big government and welfare state. Dah. Just look at the last 120 years of economic policies in Scandinavia. Its interesting! P.S. i promise to make my postings shorter from now on :) Comments are closed.
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AuthorPascal |