Tag: Malaysia has property bubble

What is a property bubble? This is the definition by investopedia.com: “A housing bubble is a run-up in housing prices fueled by demand, speculation and exuberance. … Speculators enter the market, further driving demand. At some point, demand decreases or stagnates at the same time supply increases, resulting in a sharp drop in prices — and the bubble bursts.”  In brief, the…