housing bubble
Inflated real estate
A housing bubble is a rapid increase in home prices driven by speculation and demand rather than fundamental value, typically followed by a sharp decline.
The term implies the price inflation is unsustainable—like a bubble that must eventually burst.
The 2008 financial crisis began when the housing bubble collapsed.
- foreclosuresSeizure of mortgaged property
- financial crisisSevere economic system breakdown
- too big to failRequiring rescue due to scale
- speculationUnproven theorizing or risky investment
- flipping housesBuying to renovate and resell
inflation · subprime lending · easy credit · mortgage lending · securitization · deregulation · negative equity · asset bubbles · tulip mania · starter home · American Dream · ARM · underwater · bankruptcies · systemic risk · herd mentality · credit crunch · McMansion
- housingapartments, home, house, houses, homes
- economyGDP, money, inflation, inflation rate, GNP
- housing marketstarter home, first home, fixer-upper, condo, flat
- modern economicsGDP, GDP growth, recession, inflation, interest rates
- mortgagesfixed-rate mortgage, mortgage broker, adjustable-rate mortgage, mortgage payment, mortgage insurance
- economic downturnsrecession, deflation, economic collapse, market decline, depression
housing bubblehousing crash
Sudden property value decline
bear market · market crash · deflation · market correction · market bottom
housing bubblebuyer's market
Conditions favoring purchasers
affordable housing · housing affordability · fair market value · soft market · oversupply