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Is the Norwegian Housing Bubble Popping?

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Tags Booms and Busts

11/26/2013

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.

Mark Thornton is a Senior Fellow at the Mises Institute and the book review editor of the Quarterly Journal of Austrian Economics. He has authored seven books and is a frequent guest on national radio shows.

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