Oslo 2016: +23,3 %
Norway 2016: +12,8%
(This on top of an already extreme increase the past 2 decades)
Oslo May 2017: -1,4%
Norway May 2017: -1,1%
Worst May drop in 14 years, first drop in 19 months.
Low interest rate
Low unemployment
Low work immigration/immigrants moving back home
Many new buildings finishing in 2017-2019
So what is your objective opinion /biz/?
Bubble, correction or short break?
(Graph showing 1000 NOK/m2, green line being Norway total)
Oslo city districts
All of the Nordic countries are in trouble because their ponzi schemes are collapsing. The Norwegians have just been able to hold off because of all of the oil money.
>>2312421
How bad of a collapse you reckon?
>>2312362
pffhahah, you call a 20% increase a bubble, even litecoin makes more a year
>>2312362
This shit is really global isn't it? We're going to be eating each other this time next year I guess.