In recent years, house prices have been raised leaps and bounds as never before across the globe. Undoubtedly, the rising property prices had helped the global economy to stand firm even in the crisis situation such as stock market bubble burst in the year 2000.
The Economist speculates that the total value of residential property in developing economies have gone up by more than $30 trillion in the last five years to mark over $70 trillion. The growth in this sector at global level has outplayed the stock market boom in the late 1990’s.
Now experts are busy speculating, what if this global economy bubble bursts?
Following are few graphs showing the recent trends:



Via The Economist
What if the global housing bubble bursts?

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