property bubble
Real estate overvaluation
A property bubble is a rapid, unsustainable rise in real estate prices driven by speculation rather than fundamental value.
When buyers purchase property expecting prices to keep climbing, demand inflates beyond what incomes or rents can support.
The bubble bursts when prices collapse: The 2008 financial crisis followed the bursting of a massive property bubble.
Also called a housing bubble or real estate bubble.
- housingDwellings or protective covering
- housing marketTrade in residential properties
- crashSudden violent impact
- speculationUnproven theorizing or risky investment
- irrational exuberanceUnjustified collective market optimism
market · bust · prices · real estate · mortgage · subprime · balloon payment · collapse · inflation · bursting · market crash · overvalued · debt · foreclosure · underwater mortgage · fire sale · lending · boom
- Irish economyFDI, corporate tax, GDP, GNP, euro
- Modern IrelandDublin, Good Friday Agreement, housing crisis, marriage equality, peace process
- Iberian economiesGDP, euro, eurozone, public debt, recession
property bubblehousing crash
Sudden property value decline
market correction · fair market value · price collapse · deflation · buyer's market
property bubbleprice stability
Consistent general price levels
fair value · steady state · organic growth · sustainable growth · price floor
property, bubble, properties, propertied, proper, propriety, proprietary, proprietor, appropriate