This Country Has a Much Larger Housing Bubble Than the US [Chart]

This country has a massive housing bubble, at least through the prism of 1992-present home price index. It is not China, nor Canida nor Australia or any other country which is all over the headlines . Below are some more clues until we finally get to the chart (Perhaps the readers can guess the country as more clues are given):

It is a small nation

Very wealthy (high GDP per capita)

Alluvial Fund August 2020 Performance Update

Alluvial FundAlluvial Fund performance update for the month ended August 31, 2020. Q2 2020 hedge fund letters, conferences and more Dear Partners and Colleagues, Alluvial Fund, LP returned 4.8% in August, compared to 7.2% for the S&P 500 and 5.6% for the Russell 2000. Year-to-date, Alluvial has returned 6.6% versus 9.7% for the S&P 500 and Read More


It is Located in Europe

It is a ‘Nordic country’ according to most people

We have covered this country’s banking and housing problems in depth….

Denmark!

This Country Has a Much Larger Housing Bubble Than the US [Chart]