US Real state bubble

Description:

US (and World) real estate bubble may be nearing its end. Bursting of such may bring the world economy into a grinding halt. One out of every 10 US homes valued at 1 million or more.

Enablers:

- Lower interest rates have made it easier for investors to borrow more to buy

- Property is seen as a more attractive investment given the poor performance of stock markets

- Millions of families are spending 35 to 50% of their annual income on mortgage or rent payments

-People buying overprices properties fearing prices will be even higher, increasing the bubble

Inhibitors:

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