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06 April 2010

Bubble markets: The secret to Texas' success

Negative equity, regardless of loan type, is a significant driver of defaults, particularly in the presence of high unemployment rates. Combine Texas' low unemployment rate with the absence of a bubble and you end up with a low default..

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Only for the rich? Tokyo real estate surges beyond city center

Tokyo’s land prices are soaring once again, and across wider areas, raising growing concerns that the capital may become affordable only for...