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)
Assets in private equity and venture capital strategies have seen significant growth in recent years. In comparison, assets in the hedge fund industry have experienced slowing growth rates. Q2 2021 hedge fund letters, conferences and more Over the six years to the end of 2020, hedge fund assets increased at a compound annual growth rate 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….