A totally unique thing I do that I haven't seen anyone else do is that I move the base year back to 1995 so you can see how the Great Real
Estate Bubble develops from the very beginning.
The end result was the economy did stabilize but a real
estate bubble developed in the process, and he thinks this bubble will also burst in the next two or three years or maybe even sooner.
White and his team of experts observed the real
estate bubble developing in the United States.
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.
But despite all this, the important thing is that the real
estate bubble would have
developed in any event, simply because of the exponential financial dynamics at work and the increasing tax favoritism for real
estate — taxing labor and industry rather than land rent.
Now that rentier property ownership is
developing in many ways like the West, the task of the coming generation is to make sure that China remains free of the real
estate and financial
bubble that has left entire Western economies in debt peonage and negative equity.
When an asset class (e.g., stocks, bonds, commodities, real
estate, collectibles, etc.) skyrockets in price — when it surges higher without sufficient economic reason — a
bubble develops.
Don't worry too much.Real
estate experts say that while prices have risen consistently in many markets, that doesn't mean another
bubble is
developing.
So you've made it through the worst of the real
estate bubble, you've
developed a nice client base, and you're taking over the entire industry — great!
By Scott Newman So you've made it through the worst of the real
estate bubble, you've
developed a nice client base, and you're taking over the entire industry — great!