The actions of the banks along with a nationwide real
estate bubble created a perfect storm scenario which lead to a financial collapse on Wall Street and Main Street.
The Florida Real
Estate Bubble created many millionaires until it finally crashed in 1925 and devastated the state's economy.
Not exact matches
One person who pointed out the dangerous asset
bubble developing in 2005 was economist Robert Shiller, whose composite Case - Shiller index,
created in the 1990s, studies real
estate prices nationally and in key urban areas.
Republican critics say they fear that by flooding the financial system with money, the Fed has inflated stock and real
estate prices and could
create asset
bubbles that could pop with dangerous consequences for the economy.
This could have a catastrophic effect of
creating a real
estate bubble, with apartment prices in Copenhagen that already soared as much as 60 percent since 2012.
Low interest rates helped fuel the real
estate and stock market
bubble by making the debt side of the balance sheet less expensive,
creating a «wealth effect» as people came to believe that rising property and stock - market prices would be able to pay off their obligations.
Japan's imploding stock
bubble also popped the country's real
estate bubble,
creating zaitech - in - reverse and throwing the country into a deep financial crisis and halting the three - decade old «Economic Miracle» in its tracks.
It has become easier to ride the wave of asset - price inflation — the stock market and real
estate bubble — than to
create new material means of production.
But what has most intrigued Europe's ruling class is its tax favoritism that has
created a
Bubble Economy (euphemized as a Tiger Economy to make a debt - leveraged real estate bubble appear as if it were a road to wealth rather than to debt peo
Bubble Economy (euphemized as a Tiger Economy to make a debt - leveraged real
estate bubble appear as if it were a road to wealth rather than to debt peo
bubble appear as if it were a road to wealth rather than to debt peonage).
The banks were the beneficiaries of the massive influx of international capital and lent money indiscriminately,
creating a speculative
bubble, particularly in the real -
estate sector and on the stock markets.
This has
created bubbles in the bond market, real
estate and all sectors of the economy that depend on leverage and feed on low interest rates.
It took specific aim at the «interest only» and «no documentation» loans that helped
create the real
estate bubble that burst in 2008.