Blaine Connett: Rich people looking to get richer..Investment companies investing your retirement funds in safe market with a good return..
Boris Hadsall: 1. The notion that since there is only a fixed amount of land, real estate prices can only go up.2. Cheap mortgages or mortgages that look cheap - more people try to buy which drives up prices. (This can come from subsidized mortgages; cheap interest rates on the part of the Federal Reserve, etc.; the ability to securitize mortgages so bankers don't care whether the borrowers can pay them back; etc.)3. A real shortage (particular in commercial real-estate: hotels, office buildings, etc.) which seem to offer big profits so (too) many people start new projects at the same time (after all, a project may take 10 years to complete so the opportunity seems to exist for a long time before it is (over-) filled....Show more
Clare Hoard: It still comes down to the old standbys of supply and demand though there are a n! umber of other factors such prices, job reductions and others
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