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Bubble or no bubble? The case of the Paris real estate market
The prime Paris yield has fallen by an estimated 50 basis points over the past 12 months, from 4.50-5.00% to 4.00-4.5% and current transactions are being seen at even lower yields. At this level, yields are close to the 2006-2007 low-point from before the subprime crisis. Given the flat economic…
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