U.S. borrowers are increasingly missing payments on home equity lines of credit they took out during the housing bubble, a trend that could deal another blow to the country’s biggest banks. Cash floods into property as investors seek alternative or safety Five years after the global financial crisis was sparked by a burst U.S. housing market bubble, real estate is booming again and even considered a safe-haven investment.
With many equity markets at record highs, government bonds offering scant returns and emerging markets looking fragile, investors are flocking to residential and commercial property.
