Listening to the news every day, I truly thought "we" were in a global recession. But the recession is very spotty. When I saw this headline, "20 Countries Where Housing Prices Are Increasing", I assumed it was in places like the Congo where things could not get much worse. (Warning: the link takes forever to load; I have fast connection and it still moved slowly. Lots of ads, I suspect.)
I was quite surprised to see that home prices are rising in much of the western world and in the developed world in the east. Not a single country in Africa, eastern Europe, the former Soviet bloc, or the Mideast was on the list. Nor was Japan, Vietnam, or South Korea.
Here they are, #20 to #1:
- Malaysia
- Portugal
- Luxembourgh (if I could live anywhere, this is where I would live)
- The Netherlands
- Switzerland (Roman really likes this country now)
- New Zealand (beautiful)
- Colombia (right next to Venezuela)
- India (surprise)
- Austria
- UK (yes, this "socialist" country)
- Sweden
- Norway (my ancestral home)
- Finland (remember radiated reindeer)
- Canada (our neighbor to the north)
- South Africa
- Israel (how much money does US loan them?)
- Australia
- Singapore (not unexpected)
- Hong Kong (not unexpected)
- China (a complete surprise; #1 on the list; prices up 68% on average)
And as long as I'm rambling, check out the new luxury mall in the Gaza strip.
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