[[Seoul] raises property taxes to cool surging prices [Note: Reg.]](http://www.marketwatch.com/news/story.asp?guid=%7BBF651D04-E984-4867-BAD7-533E7B3CBF9B%7D&dist=nbk&siteid=mktw)

[[Spanish] Housing loans up 26% in May amid ongoing boom](http://www.iht.com/getina/files/272297.html)

[[South Africa] Property boom driving demand for materials](http://www.sundaytimes.co.za/2004/08/29/business/news/news05.asp)

[[UK] rate cuts could spark another housing boom](http://www.ameinfo.com/63495.html)

[[New Zealand] Headed for Heartbreak?](http://www.listener.co.nz/default,4417.sm)

[[China] Concerns deepen over housing boom](http://english.people.com.cn/200503/08/eng20050308_176022.html)

[[Iceland] Name Europe’s latest ‘tiger.’ Hint: look toward the Arctic Circle.](http://www.msnbc.msn.com/id/7856487/site/newsweek/)

ideaworld

Is there a pattern here? It seems to me that there has been a lot of analysis on what the Fed will do to cool of the housing boom, but its apparent that many parts of the world are dealing with the same thing the US is at the same time. Australia and the UK just came out of their housing boom 2 years ago.

I would think that any solutions for a soft landing for the US real estate markets must come from internationally-orientated strategies.