Commonwealth Countries Also Going Through Housing Bubble

Sometimes last week, the government looked into how sustaining a Monarchy costs. They paid attention to the price the four major countries will have to pay, and it turned out to be quite expensive.

In a give-and-take situation, the Commonwealth countries supposedly are the ones to benefit and enjoy a much better quality of life.  As it seemed to be so, the numbers behind the quality of life claim were looked at. The real estate prices were always looked at as well as the huge bubble forming in the housing markets.

The prices of houses in the real estate markets keeps on increasing across the whole realm, relative to the currencies of foreign countries. Unfortunately, most of the countries included in the realm don’t have reliable data or info that could be used for comparison. Focus was put on Australia, Canada, UK and New Zealand; where the prices of houses have been soaring higher than ever.