Global real estate bubble may 'deflate' 
South Africa, Hong Kong, Spain top the list in home-price inflation
By Inman News, Friday, January 28, 2005.Predictions of a "global house-price bubble" are intensifying, according to ResearchWorldwide.com, a real estate information portal.
The company cites common threads linking "the rising tide that lifts all boats" in housing markets worldwide. Homeowners have experienced the lowest real interest rates worldwide in many decades, a low rate of inflation, and lackluster equity and bond market performance, for example.
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