Well money invested in the stock market is down by quite a margin. House values are static here in Sweden atm, buyers hope to get cheaper objects while sellers doesn't get as much they got 6 months ago.

I think it's more of a perception issue than a real "income" issue in Sweden atleast.

When I look on the US economy it gets gloomy real fast. But smart buyers can get "cheap" real estate and cheap stocks, timing is everything.

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