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After a debt fuelled property crash, Europeans are regaining faith in buying houses (Photo: Michael Tapp)

Analysis

Regaining faith in bricks and mortar

One of the abiding memories of the 2008 financial crash which plunged Europe – not to mention the western world – into the deepest economic depression since the 1930s was of a property bubble which burst spectacularly and brought many of the world’s largest banks to their knees.

In no continent were the effects of the real estate crash more evident than Europe. The banking sectors of Spain and Ireland fell apart when the property and construction markets which had propelled their econom...

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

After a debt fuelled property crash, Europeans are regaining faith in buying houses (Photo: Michael Tapp)

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Author Bio

Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.

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