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Question:

What is the real estate bubble economy?

What is the real estate bubble economy?

Answer:

in fact, The use of assets and its profitability is not interested in. With the rise in prices, often the expected reversal and the price of the crash, which usually leads to financial crisis
so as to attract new buyers - these people are generally the sale of assets for profit speculators
an asset Or a series of asset prices in a continuous process of the sharp rise in the initial price increases so that people will be expected to further rise in prices
CHARLES P KINDLEBERGER wrote in the "bubble" entry for the "New Palgrave Economics Dictionary" that "bubbles can be less strictly defined as:

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