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A housing bubble (or housing price bubble) is one of several types of asset price bubbles which periodically occur in the market. The basic concept of a housing bubble is the same as for other asset bubbles, consisting of two main phases. First there is a period where house prices increase dramatically, driven more and more by speculation.
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
Many observers have commented on this phenomenon [90] [91] [92] —as evidenced by the cover of the June 13, 2005 issue of Time magazine [86] (itself taken as a sign of the bubble's peak [93])—but as a 2007 article in Forbes warns, "to realize that America's mania for home-buying is out of all proportion to sober reality, one needs to look no ...
The Fed chairman Benjamin Bernanke said in October 2006 that there was currently a "substantial correction" going on in the housing market and that the decline of residential housing construction was one of the "major drags that is causing the economy to slow"; he predicted that the correcting market would decrease U.S. economic growth by about ...
But other factors, like income, price of housing, cost and availability of credit, consumer preferences, investor preferences, price of substitutes, and price of complements, all play a role. The core demographic variables are population size and population growth: the more people in the economy, the greater the demand for housing. But this is ...
Dr Infrared Heater Infrared Portable Space Heater Price: $100.99 Rather than turn on the heat to your entire home to warm up a room, using a portable space heater can save energy while still ...
From January 2008 to December 2012, if you bought shares in companies when Ari Bousbib joined the board, and sold them when he left, you would have a 128.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of the Panama Canal and Greenland, part of a broader expansionist agenda he ...