Jean-Pierre Zigrand gave an enlightening talk on his latest research to examine the “bubbliness” of the Luxembourg housing for Paperjam Club on 2 December 2020.
At the talk, he discussed why Luxembourg property was so expensive and what was driving the price increase. He found a common pattern in several EU countries that confirmed the presence of a 18-19 years cycles in real house prices, but also detected a common sub-cycle of around 13 years.
Read a summary and watch the talk here.
