Author: Philip Lane

Property Week have just released a new report on price movements over the second half of 2008: considerable valuation losses are evident.  This website gives a summary and the full report is here.

The Swedish fiscal consolidation in the early 1990s is fascinating – published by Bruegel, an interesting analysis is provided by Jens Henriksson who was a participant in the process. You can download it here.

(upgraded from the comments) Ronan Lyons says:  Following on from this, two reviews of the Irish property market out this morning (14th Jan), with similar conclusions for 2008 (-15%) and prognoses for 2009 (-10%):
http://www.daft.ie/report/Daft-House-Price-Report-Q4-2008.pdf
and
http://www.rte.ie/news/2009/0114/iavi.pdf

For the daft.ie figures, the calculations underlying the percentage of total stock for sale by county are available here:
http://manyeyes.alphaworks.ibm.com/manyeyes/visualizations/irelands-property-overhang