Spring article from The Economist on housing. Main focus is America, but it addresses housing markets internationally, including those most likely to experience some pain.
Perry, somewhat off topic: There are trade reps from Macedonia making the rounds right now touting the benefits of moving one’s business there. Benefits/perks include low personal and corporate tax rate, upgraded infrastructure and access to Central Europe and the Balkans. Concurrent with this, they are also discussing improvements being made in the residential and commercial property sectors. I wonder if they would throw in one of those beach houses in Montenegro.
