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Asian housing markets : bubble trouble? (anglais)

Continued growth in Asia, combined with slow recovery and fiscal sustainability concerns in western economies and ample global liquidity has fuelled large capital inflows into region. This has lead to growing concerns about asset bubbles, including in housing. This note takes a closer look at whether housing markets in the region are out of line with 'fundamentals' and finds that, as yet, there is no immediate threat of a housing bust. However, caution...
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