Housing troubles go global


	Housing troubles go global

ericskiff

4-14-2008 6:53 PM

633 views

ericskiff says:

The boom went around the world, it's no surprise that the bubble is following it. What surprises me is that it seems to catch everyone off-guard.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/a50014eb-03d8-47b8-9677-2104901c28c7/57BDE322-5368-4B33-B9F5-2C353D891C27/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/04/14/business/worldbusiness/14real.html?em&ex=1208318400&en=4c545c22917e3590&ei=5087%0A" href="http://www.nytimes.com/2008/04/14/business/worldbusiness/14real.html?em&ex=1208318400&en=4c545c22917e3590&ei=5087%0A" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/14/business/worldbusiness/14real.html?em&ex=1208318400&en=4c545c22917e3590&ei=5087%0A"><P>DUBLIN — The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices swooning from the Irish countryside and the Spanish coast to Baltic seaports and even parts of northern <A title="More news and information about India." href="http://topics.nytimes.com/top/news/international/countriesandterritories/india/index.html?inline=nyt-geo">India</A>.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/14/business/worldbusiness/14real.html?em&ex=1208318400&en=4c545c22917e3590&ei=5087%0A"><P>“We know we’re already in negative equity,” said Emma Linnane, a 31-year-old university administrator. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/57BDE322-5368-4B33-B9F5-2C353D891C27/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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