Moral hazard as in the Greek crisis 2010-present is being evoked.
In the meantime, New York’s Luxury Market Continues Strong Streak. The non luxary one?
In Greece and Athens the market is still dipped.
Because of the faulty policies of the lenders and all govenments since I can remember Greece.
That is why I voted for Tsipras in 2015.
PS. 5 years ago, 2013, I asking about London's economy: http://npstrategic.blogspot.com/2013/03/cyprus-on-thames.html
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