The US market research company Moody’s On Tuesday presented a report in which it appears that Norway, Germany and the UK are the countries in Europe with the greatest risk of a housing bubble.
Read also: Fredly: It does not get housing crash in Norway
In an interview with dn.no says Chief Economist January Ludvig Andreassen oak group that he disagree with this statement.
– Moody’s does not know Oslo or Norway to be quite honest. I think it is wrong to use the word bubble. I see no obvious mispricing in the current housing market, given the current level of investment. If house prices continue to grow more than revenues in Norway, ports, however, we in unsafe of no eventually, Andreassen says.
Chief Economist Kjell Senneset in Prognosesenteret recalls that the housing market in Oslo is exceptionally hot.
– There is the possibility of a housing bubble in Oslo if investors are increasingly turning to the housing market in the absence of good returns elsewhere, says Senneset to dn.no.
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