eli5 : What is a housing bubble and how is it created? Are we currently in one?

617 views

If it bursts, will houses ever regain their current value?

In: Economics

7 Answers

Anonymous 0 Comments

A bubble os when an asset price goes through the roof because the price is based upon unrealistic market growth. So in this situation houses are more expensive because of a few things, shortage of homes on the market, pandemic concerns, private firms buying up entire neighborhoods and supply change issues. It is iffy to say if we are in a bubble but I personally believe we are.

You are viewing 1 out of 7 answers, click here to view all answers.