Here we go again. Ten years after the financial crisis, many major housing markets worldwide are overvalued or at risk of a bubble. Chicago is the only undervalued market among UBS Group’s 20-city index, Bloomberg reported. Milan, Singapore and Boston are fairly valued. Ten cities — including New York, Los Angeles, San Francisco, Boston and Sydney, Australia — were deemed overvalued, the report said. Last year, New York was fairly valued. Miami was not ranked. […]
source https://therealdeal.com/2018/09/27/these-are-the-worlds-biggest-housing-market-bubbles/
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