US Immobilienmarkt – Gefahr für die Konjunktur?
The commentary at hand takes a look at the most recent development of the US housing market with special attention to the so-call subprime segment, which covers mortgages with below average credit ratings. The discussion comes to the conclusion that after several boom years the mortgage market in the US is currently living through a healthy correction, which should only in the worst of all cases have severe negative effects on the US economy.
