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Ari Birnbaum, Doctorant DBA, Université Côte d’Azur

Is the global housing market about to crash?

A UBS report placed Munich in the top four of its Global Real Estate Bubble Index locations for 2022. Shutterstock

Amid all the current geopolitical conflicts and economic events, investors are watching the real estate market with bated breath. If recent headlines around the world are anything to go by, they are right to do so. With prices down by 15% from their peak, Sweden’s housing market is said to be in “free fall”. Germany’s could nosedive by 25% from peak to trough. Meanwhile, the foundations of the world’s most expensive market, in Hong Kong, are starting to wobble.

So, are we headed toward the next global housing market crash, or merely riding a cyclical fluctuation more typical of the real estate market?

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