The plight of Europe’s homeowners looks set to continue this year as house prices keep falling in most European markets. Yet, the extent of the pain will vary significantly by country. Spain is still suffering a sharp correction. We forecast prices will fall by 7.8% this year, with little relief in sight. Other countries on […]
Jean-Michel Six rejoined Standard & Poor’s Ratings Services as Chief European Economist, based in London, in February 2005 after working in senior positions in the business services sector in the US for several years.
He held a variety of roles in S&P’s economic and financial information business between 1982 and 1997, including Chief European Economist and Global Head of Sales and Marketing.
He left S&P in 1997 to help found Global Partners, Inc., a U.S.-based business development and executive training firm, and subsequently held senior positions for Giga Information Group, a U.S. IT advisory firm, and Kyriba Corp. a treasury management systems group, where he headed the company’s North American operation.
He has been a member of the Shadow Council of the European Central Bank since 2008.
Jean-Michel Six holds a PhD in Economics from the University of Paris.
Author Archives: Jean-Michel Six
Given that there is no one single housing market in Europe, is there any general trend? Jean-Michel Six: There are different fundamentals operating in each country’s market across Europe and even in the eurozone. The supply-demand situation across countries varies widely, from an excess of supply in some markets to an excess of demand in […]
House prices in Spain are a key variable in the performance of the country’s economy. The housing boom built up unsustainable imbalances, such as an oversupply of dwellings, which will need to fully correct before a sustainable recovery takes place. The unwinding has begun: House prices have dropped 22% in nominal terms between first-quarter 2008 […]