Bubble, Bubble, Where's the Housing Bubble?
Top Cited Papers
- 1 January 2006
- journal article
- research article
- Published by Project MUSE in Brookings Papers on Economic Activity
- Vol. 2006 (1) , 1-67
- https://doi.org/10.1353/eca.2006.0019
Abstract
Housing prices have risen by about 50 percent in the past five years, and more than 100 percent in some hot markets. Many knowledgeable observers believe that the United States is in the midst of a speculative bubble in residential real estate prices that rivals the dot-com bubble of the 1990s and that will have a similarly unhappy conclusion.Keywords
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