Skol,
"I've just been in Europe, housing is making a comeback", No, it isn't.
"Many European housing markets remain extremely depressed, and continue their rapid spiral downwards. House price falls are accelerating in Greece, Spain, Netherlands, Portugal, Croatia and Lithuania. Of the 23 European countries included in the survey, 14 countries recorded house price falls while only 9 countries have seen house price increases. The nine weakest housing markets in our global survey are all in Europe. "
(http://www.globalpropertyguide.com/investment-analysis/World-housing-markets-Q3-2012-Europe-in-the-eye-of-the-storm)
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