The Real Estate Wonk: Everything is interconnected - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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November 17, 2007

Everything is interconnected

Bloomberg has a story today about the international ripple effects of U.S. housing market troubles:

Bank of Japan Deputy Governor Toshiro Muto said growth could be threatened if the U.S. housing slump spreads.
"You just don't see an end to the subprime housing-loan problem," said Soichiro Monji at Daiwa SB Investments Ltd. in Tokyo. "Unless we see some light at the end of the tunnel, we can't expect the market to rise."

Bloomberg said the Morgan Stanley Capital International Asia Pacific index "has lost 7.9 percent in November and is set for its biggest monthly drop since September 2001."

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
• Baltimore Sun articles by Jamie

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