THE REAL ESTATE BUBBLE

Real estate refers to immovable property such as land as well as any physical structures attached to land like houses, buildings or commercial establishments. For centuries land has been considered as the primary measure of wealth and even today developed countries that are rich in real estate attract foreign investors to spur economic growth. U.S real estate market too is considered as a backbone of its developed economy but since last few years it is witnessing a downturn due to some reasons. It is said that the housing bubble in U.S will soon come to an end. A bubble is something where the prices are being regulated by speculators and not the real end consumers and if it is being fuelled by the real consumers then it can be called a pure play of demand and supply. View the rest of this article