Part 12/13:
Similarly, Poland's bond markets are experiencing turbulence, with interest rates rising sharply on bond yields due to global and local debt pressures. This scenario underscores how increased borrowing costs ripple across economies, impacting everything from housing to corporate finance.
Conclusions and Outlook
The global property landscape is currently characterized by declining prices, tightening credit, and economic uncertainty. While some markets like the U.S. and Australia are experiencing sharp corrections, others such as parts of Canada and Germany show signs of distress reflecting broader systemic issues.
Key takeaways for investors and homeowners:
- Expect continued declines in overvalued markets, especially in high-bubble cities.