Bubble Real Estate Cities!
According to the USB Global Real Estate Bubble Index, Toronto, Stockholm and Munich are the most over valued real estate cities in the world in danger of severe price drops in the near future. According to the index, in the U.S., San Francisco and Los Angeles are over valued but not in bubble territory while Chicago is under valued. Ratings are based on local economic factors such as price to income. src: www.visualcapitalist.com