What caused the real estate bubble to burst?
What caused the real estate bubble to burst? Collapsing home prices from subprime mortgage defaults and risky investments on mortgage-backed securities burst the housing bubble in 2008. Real estate prices rose steadily in the United States for decades, with slowdowns caused only by interest rate changes along the way. Is the Australian housing market in a bubble? Australia's property prices will continue to rise with no bubble to burst, expert says - realestate.com.au. Why have house prices risen so much? The consequence of this growing demand compared to limited growth in supply, is that there is strong economic pressure on...