As we all know it's getting more and more expensive to buy a house, and the rate of growth currently associated with investing in a house is just phenomenal, and obviously too good to not be a bubble. We all know that. However, WHEN will this bubble pop?
More and more houses are being built but the demand for it just continues to go up. And many houses are bought and just left to sit there, not even rented out, fueling the problem further because investors just want a safe and profitable investment.
What do you think the governments can do to avoid this? Put a limit on houses per person? Your opinions?
Have you done a "big short" kind of research ? Have you visited abandoned neighbourhoods ? Have you heard people
getting unusual credits ? Have you heard people
giving unusual credits ? If so, how many ?
I believe you, but you can't just say it's a bubble because the sector is growing fast. Where I live it's the same, but it's mainly because of the chinese coming here to live, and other countries like Brazil and centre of Europe where is becoming more and more insecure.