property speculation

A real-estate bubble or property bubble is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduced interest rates. A land boom is a rapid increase in the market price of real property, such as housing, until prices reach unsustainable levels and then decline. Market conditions during the run-up to a crash are sometimes characterized as "frothy." The questions of whether real estate bubbles can be identified and pr