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Danes lulled into thinking the home market can only rise may get a 'shell shock'
Nykredit analyst says they need to start putting the possibility of housing price declines "on their radars"
Published Tue, Aug 9, 2016 · 09:50 PM
Copenhagen
DENMARK's biggest mortgage bank is urging homeowners to remember that a seemingly unstoppable series of price gains can end, and even go into reverse.
At Nykredit, chief analyst Mira Lie Nielsen says Danes need to start putting the possibility of housing price declines "on their radars" or risk going into "shell shock when it happens".
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