Finance & economics | Pain to come The rich world’s housing crunch is far from over | The Economist World housing analysis – The Economist Markets can be split into three camps: early adjusters, bullet-dodgers and slow movers At times during the long boom that followed the global financial crisis of 2007-09, it seemed as if house prices would never stop rising. Sales surged as a cocktail of ultra-low interest rates and supply shortages boosted competition for properties. Things are very different today. In countries across the rich world, from America to New Zealand, sales have cratered over the past … Continue reading “The rich world’s housing crunch is far from over”