Thursday 31, July 2008 by Mike Gallagher

NEWS ANALYSIS: Real estate bubble trouble?

Warnings about real estate bubbles rarely seem to be out of the news as economists fret about consumers spending more than they are saving and governments grapple with inflation. However, most market watchers admit that they are now looking at a new type of economic phenomenon as the developed Western markets slow down and emerging markets hot up. Add a plunging dollar, soaring inflation, high commodities prices and a real estate boom on side of the world and a virtual economic collapse and investors are finding themselves in unfamiliar economic grounds. 

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