Mortgage Calculator

A Danish point of view on housing prices and consumer spending.

In one of my recent posts I took up the question about the effect on consumer spending from a rise in housing prices. My source was an article from The Economist, which discussed this topic from a US perspective and in relation with the slowdown of the US economy. In short; given the recent slump in US house prices the stronger correlation between private consumption and fluctuations in house prices the higher the risk of a real US recession. In a US context the consensus seems to be that the effect from rising house prices on private consumption is relative large and that it has been rising. But what about in other countries and regions?

Related Products: Visit our store

Read more from this blogger: House Prices and Consumer Spending ... A Danish Perspective