In the last edition of the excelent The Economist, we can see their House-Price Indicators. Australia and Spain appear as the most overvalued markets (61% and 50%). Singapore, Hong Kong, and China are fairly overpriced as well.
In general, most of the countries have an expensive real estate market, except Japan (-35%), Germany (-15%), and Switzerland.
Ideas for Spaniards: sell our properties in Spain, rent, and buy in Germany (European Union) with no restrictions.
19/07/2010
