Tag: why property bubble will burst
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When prices rise double the income for 5 years?
Briefly, the property bubble will burst when the market could no longer provide support to the property price. The support we are talking about here refers to people’s income. If we earn way too little versus way too high property prices, of course we are not able to support the prices. To explain very briefly…
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Property bubble bursting only after 2019. Two reasons, says expert.
Remember just days ago the brouhaha about property bubble about to burst? Here’s that article: Property bubble close to bursting due to 3 reasons. Government must be ready. This ‘prediction’ was widely shared. Anyway, I shared my personal views too about property bubble bursting. There are usually three reasons. Please be reminded that I just a…