Twin peaks in equity and housing prices ?

  title={Twin peaks in equity and housing prices ?},
  author={Claudio Borio and P. McGuire},
Some three years after the global bust in equity markets, and despite a weak economic backdrop, housing prices have continued to rise in many countries. This remarkable buoyancy seems rather unusual by past experience and raises questions about the sustainability of current trends. Could housing prices falter any time soon? And if they do, could large declines be in store? Answers to these questions are particularly important at the current juncture, as the strength of housing markets has been… CONTINUE READING
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