2009-10-30

Real Estate prices in France - pt2

The deflation of worldwide real estate bubble has still a long to go and prices will keep on falling for several years, even in France — despite any logic some would say! Prices cannot go down in France, and especially in Paris, the capital of the world, if not of the universe!

Of course, summer time is normally the time when people buy new houses and hence the seasonality of the real estate market is probably masking a deeper more profound issue at this point.

The charts speak for themselves.


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