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The new real estate bubble: a big, global problem

The Daily Digest Logo By Zeleb.es of The Daily Digest | Slide 1 of 16: A concerning phenomenon is currently taking place in various continents, Bloomberg reports. House prices have skyrocketed, to the point that they may be artificially inflating and forming a dangerous bubble. If it bursts, it could cause a crisis like the one that bankrupted Lehman Brothers and sparked the great recession in 2008. Which countries are most at risk for such a bubble? And why did the pandemic cause the market to overheat? (Image: Samuel Regan / Unsplash)

Real estate prices skyrocketed during the pandemic

A concerning phenomenon is currently taking place in various continents, Bloomberg reports. House prices have skyrocketed, to the point that they may be artificially inflating and forming a dangerous bubble. If it bursts, it could cause a crisis like the one that bankrupted Lehman Brothers and sparked the great recession in 2008. Which countries are most at risk for such a bubble? And why did the pandemic cause the market to overheat?

(Image: Samuel Regan / Unsplash)

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