Wednesday, November 08, 2006

November 06 Bubble News Articles

Some of the latest media articles relevant to the bubble:

Added 08-11-2008
RTE: Central Bank warning on house prices
"The report estimates that house prices are overvalued by 14%."...yeah, and them some! Check out the report: http://www.centralbank.ie/frame_main.asp?pg=fns_srep.asp&nv=fns_nav.asp

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Added 03-11-2006
Indo: ECB confirms rates will rise next month
"I suspect that the ECB Council would like to reach 4pc, but external events may yet ruin their plans"....My guess is yes we will reach 4pc in April\May '07 and depending how Germany & France's economies go this will go even higher.

Indo: €3bn stamp duty haul puts Cowen on the spot of the €2.7 billion received from stamp duty, only €70 million relates to first-time buyers

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