Mises Wire

Is the Norwegian Housing Bubble Popping?

Is the Norwegian Housing Bubble Popping?

I have been talking about the Housing Bubble in Norway for a while and about one year ago I wrote an article here. The story was picked up in by a variety of publications including here. It turns out that the bubble has spread over the entire Nortic region. It caused quite a stir in Norway and was reported on in the leading business publications of Norway here. It now appears that they have entered the denial phase and that the Bubble maybe coming to an end.

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