Real Estate Management and Valuation (Mar 2016)
Speculative Bubbles and their Components on the Real Estate Market–A Preliminary Analysis
Abstract
Various speculative phenomena arise on the real estate market, and the speculative bubble (SB) is one of the best known events of the type. Speculative bubbles still have many unidentified components, and are characterized by high research potential due to the multiple factors responsible for bubble creation, as well as considerable practical implications on account of the multivariate results describing the real estate market (REM) and its surroundings.
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