Economy Page Updated

Today, I updated the economy page. This page is an extensive resource, viewing key economic metrics in both a historical and relative perspective across the Nordic region.

Comparing and Contrasting Nordic Economies

Referencing the previous article, “Are 100-Year Mortgages Next? Effects of Negative Real Interest Rates on Nordic Housing Bubble,” Nordic and European central banks extended their mandate beyond price stability to support economic growth. Not only did that inflate housing bubbles throughout the Nordics but it …

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Discussing The Norwegian Housing Bubble

Nick Kamran discusses the housing in Oslo, Norway and why it’s time to avoid it. Artificially low interest rates are driving up apartment prices, pushing people deeper and deeper into debt.  Key bubble indicators are capitalization rates (housing prices rising faster than rents). This story references …

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