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==Untitled==
wow, what an excellent article. Kudos. <small><span class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[User:65.96.190.185|65.96.190.185]] ([[User talk:65.96.190.185|talk]] • [[Special:Contributions/65.96.190.185|contribs]]) </span></small><!-- Template:Unsigned -->
==Wiki Education Foundation-supported course assignment==
[[File:Sciences humaines.svg|40px]] This article is or was the subject of a Wiki Education Foundation-supported course assignment. Further details are available [[Wikipedia:Wiki_Ed/New_York_University/Research_Process_and_Methodology_-_RPM_Fall_2018_(Fall_2018)|on the course page]]. Student editor(s): [[User:Jl9033|Jl9033]].
{{small|Above undated message substituted from [[Template:Dashboard.wikiedu.org assignment]] by [[User:PrimeBOT|PrimeBOT]] ([[User talk:PrimeBOT|talk]]) 07:51, 17 January 2022 (UTC)}}
== How to identify spam links ==
Someone added housepricecrash.co.uk to the external links section again. Is that spam or a legitimate site? How can you tell (besides the fact that it keeps getting added)? [[User:JHP|JHP]] 00:44, 17 May 2006 (UTC)
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* housingbubbleresearch.com
* expertresearch.net
* feedba.cc
* housepricecrash.co.uk
* franteractive.com
* franteractive.net
* investmentu.com
: Agreed, although some of those blogs are included at [[United States housing bubble]] because they were listed in ''Newsweek'' magazine.[http://www.msnbc.msn.com/id/14252223/site/newsweek/page/] I wouldn't be surprised if the journalist included the first few blogs she could find at random, so I don't think that's a sufficient critera for linking them here. But I'm willing to defer to [[User:Frothy]]'s judgment at the US housing bubble article because he's done a great job improving it. [[User:Wmahan|Wmahan]][[User talk:Wmahan|.]] 00:07, 30 August 2006 (UTC)
::I understand [[User:Frothy]]'s judgment and am not suggesting that he remove them from the [[United States housing bubble]] article. Most blogs are about country or local housing bubbles, so don't belong in an article about the real estate bubble phenomenon in general. If housingpanic, for example, is about the U.S. housing bubble, then it belongs at the end of the U.S. housing bubble article, not here. If it is about real estate bubbles in general, then perhaps it belongs here, not in the U.S. housing bubble article. It is also possible for a site to contain useful content, while still being a Wikipedia spammer. Just look at the history to see how many times they keep adding their own site to the external links. Ben Jones' blog is the most widely read housing bubble blog, but it doesn't keep showing up in the external links.
::To be consistent with what I just said, perhaps the two CEPR external links should be removed from this article because of its U.S.-only content? [[User:JHP|JHP]] 19:52, 30 August 2006 (UTC)
== My UK perspective ==
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Calverley, John P., Bubbles and how to survive them, N. Brealey, 2004
{{ISBN
== Books in Reference that ought to be deleted ==
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These books, ''which I have read'', have got either nothing or so very little I didnt notice it about housing bubbles, and I think they ought to be deleted:
[[Robert Kiyosaki]] (2000). Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money—That the Poor and Middle Class Do Not!, New York: Warner Business Books. {{ISBN
Burton R. Malkiel (2004). A Random Walk Down Wall Street, 8th ed., New York: W. W. Norton and Company, Inc. {{ISBN
John Allen Paulos (2003). A Mathematician Plays the Stock Market, New York: Basic Books. {{ISBN
There may be other books which I have not read which also ought to be removed.
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Hi, why is it unacceptable to link to news sites that maintain daily lists of relevant articles? I noticed a large number of links to blogs and other sites under the [http://en.wikipedia.org/wiki/United_States_housing_bubble United States housing bubble] topic, but it looks like there are different rules for this page...?
Thanks. <small><span class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[User:69.107.76.132|69.107.76.132]] ([[User talk:69.107.76.132|talk]] • [[Special:Contributions/69.107.76.132|contribs]]) 2006-07-23 18:31:31 UTC</span></small><!-- Template:Unsigned -->
: I reverted the site you added because it was just a list of links, and it appeared that you were were trying to promote the site and its ads rather than to improve the article. In general it's better to add ''content'' rather than ''links'' to articles; see [[WP:EL]].
:The fact one article has links to blogs is not a good reason for adding them to another article. By that argument, as long as there is even one linkspam on Wikipedia, it is OK to add more. Links to blogs are generally discouraged unless they offer especially informative or relevant content, so I removed many of the blog links from the article you mentioned. [[User:Wmahan|Wmahan]][[User talk:Wmahan|.]] 04:31, 24 July 2006 (UTC)
This article seems a bit mangled due to too line breaks in links in the markup. Have fixed some of it, but references still need work. [[User:81.1.104.246|81.1.104.246]] 22:05, 20 September 2007 (UTC)
== Research: Housing Bubbles Cannot be the Result of Speculation Alone ==
Refrain from attributing the appearance of housing bubbles to [[Speculation|speculative]]. Recent academic research, discussed in [[Economic bubble]], shows that the phenomenon of price ascension and crash appears even when speculation is not possible or when [[overconfidence effect]] is absent. Hence, speculation cannot be the sole reason for the appearance of bubbles.
== price rent ratio? ==
Maybe I just don't see it... but what is a good or bad price-rent ratio? I see the handy dandy formula, but is a 1 good? a 20? a 100? What ratio indicates if it is over-valued? [[Special:Contributions/63.139.220.200|63.139.220.200]] ([[User talk:63.139.220.200|talk]]) 21:14, 3 December 2008 (UTC)
== Keep a lookout for link spam ==
The [[Real estate bubble#External links|external links section]] has been filling up with link spam again. I removed most of it. Please be on constant lookout for link spammers adding their sites to the external links section. Thank you. --[[User:JHP|JHP]] ([[User talk:JHP|talk]]) 00:14, 1 July 2009 (UTC)
== Hyphen in "real-estate bubble" ==
Per [[WP:MOSHYPHEN]], I think the article should be moved to [[real-estate bubble]]. [[User:Hankwang|Han-Kwang]] ([[User talk:Hankwang|t]]) 19:29, 11 October 2009 (UTC)
== Better historical perspective? ==
Wouldn't it be nice to enrich this article with references to older bubbles, like the one before the [[Long Depression]], the one of the 1920s in [[Florida_land_boom_of_the_1920s|Florida]], and also probably some example from the Middle Ages? <span style="font-size: smaller;" class="autosigned">—Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/82.245.117.235|82.245.117.235]] ([[User talk:82.245.117.235|talk]]) 00:02, 4 November 2010 (UTC)</span><!-- Template:UnsignedIP --> <!--Autosigned by SineBot-->
== What about brazilian real estate bubble? ==
For example, Rio de Janeiro property prices rose almost 100% from jan/2008 to jan/2011, São Paulo prices rose 79,2%, while the official inflation index (IPCA) was just 17% over the period.
Source: http://www.zap.com.br/imoveis/fipe-zap/ (portuguese)
That's because there is much more demand to live in Sao Paulo and Rio De Janeiro. However, if this rise in property prices would be the case for the whole country (and on the condition that it is much higher than the general inflation), then this would mean a real estate bubble. <span style="font-size: smaller;" class="autosigned">— Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[Special:Contributions/178.117.252.112|178.117.252.112]] ([[User talk:178.117.252.112|talk]]) 05:01, 29 October 2013 (UTC)</span><!-- Template:Unsigned IP --> <!--Autosigned by SineBot-->
== List of countries 2007 ==
The [https://en.wikipedia.org/wiki/Real_estate_bubble#2007:_many_countries list of countries in 2007] has some unusual places: Antarctica, North Korea, Vatican City to name a few. I removed some of them once but they reappeared. [[User:Raquel Baranow|Raquel Baranow]] ([[User talk:Raquel Baranow|talk]]) 01:29, 8 November 2013 (UTC)
They have reappeared and Australia (with one the highest property prices in the world) is missing. [[User:dkast|dkast]] ([[User talk:dkast|talk]]) 08:09, 17 September 2014 (UTC)
== mainstream economics ==
I am deleting the claim that real estate bubbles were not important in main stream economics. It is absolutely, less attention was given to the topic 20 years ago, but modern business cycle theory is about 30 years old. There are several prominent papers written in the past 15 years that stress the importance of real estate on business cycles. One example is Leamer's paper "Housing is the business cycle" which has several hundred citations. Thats a lot in the academic world. Iocavelleo was studying the effect of monetary policy on housing prices in early 2000. Most influential paper on the effect of asset prices such as land on business cycle fluctuation was published in 1997 (Kiyotaki and Moore Credit cycles). Since it is a false claim I see no reason to include. <small><span class="autosigned">— Preceding [[Wikipedia:Signatures|unsigned]] comment added by [[User:Nanashiwanderer|Nanashiwanderer]] ([[User talk:Nanashiwanderer|talk]] • [[Special:Contributions/Nanashiwanderer|contribs]]) 11:24, 18 December 2013 (UTC)</span></small><!-- Template:Unsigned --> <!--Autosigned by SineBot-->
:Thank you, it occurred to me that the formulations of the type:
::''Within mainstream economics, it can be posed''
:and
::''Within mainstream economics,'' ... ''are not considered''
:are [[WP:WEASEL]]s, that is ''Unsupported attributions'' and probably also politicized personal opinions of '''some''' editors. Sections where these formulations occur: '''Identification and prevention''' and '''Macroeconomic significance'''. [[User:Rursus|Rursus]] dixit. ([[User talk:Rursus|<span style="color: red; background: #FFFF80"><sup>m</sup><u>bork<sup>3</sup></u></span>]]!) 08:35, 9 January 2014 (UTC)
== Dr. Shi's comment on this article ==
Dr. Shi has reviewed [https://en.wikipedia.org/w/index.php?title=Real_estate_bubble&oldid=722454539 this Wikipedia page], and provided us with the following comments to improve its quality:
{{quote|text=
1. There is a big literature on real-time bubble detection is missing. Please see reference below.
(1) Phillips, Peter CB, Yangru Wu, and Jun Yu. "Explosive behavior in the 1990s Nasdaq: When did exuberance escalate asset values?." International economic review 52.1 (2011): 201-226.
(2) Phillips, Peter CB, and Jun Yu. "Dating the timeline of financial bubbles during the subprime crisis." Quantitative Economics 2.3 (2011): 455-491.
(3) Phillips, Peter CB, Shuping Shi, and Jun Yu. "Testing For Multiple Bubbles: Limit Theory Of Real‐Time Detectors." International Economic Review 56.4 (2015a): 1079-1134.
(4) Phillips, Peter CB, Shuping Shi, and Jun Yu. "Testing for multiple bubbles: Historical episodes of exuberance and collapse in the S&P 500." International Economic Review 56.4 (2015b): 1043-1078.
(5) Homm, Ulrich, and Jörg Breitung. "Testing for speculative bubbles in stock markets: a comparison of alternative methods." Journal of Financial Econometrics 10.1 (2012): 198-231.
(6) "Warning signs of future asset bubbles", The Strait Times, April 2011, By Peter C.B. Phillips and Jun Yu, http://korora.econ.yale.edu/phillips/news/warning-signs_110426.pdf
(7) "Hot property market … irrational or not?", Sunday Star Times, April 2015, By Peter Phillips and Ryan Greenaway-McGrevy, http://korora.econ.yale.edu/phillips/pubs/op-ed/hot-property_150412.pdf
2. The real time strategy proposed by Phillips, Shi and Yu (2015a,b) has been used to provide "exuberance indicator" for 23 national housing markets by the Federal Reserve Bank of Dallas.
Reference:
(1) Pavlidis, Efthymios, et al. "Episodes of exuberance in housing markets: in search of the smoking gun." The Journal of Real Estate Finance and Economics (2013): 1-31.
(2) http://www.dallasfed.org/institute/houseprice/
3. Instead of decomposing the house prices into a valuation component and a leverage component, the aforementioned methods focus on identifying the unique dynamic characteristics of speculative bubbles reflected in housing prices.
}}
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
We believe Dr. Shi has expertise on the topic of this article, since he has published relevant scholarly research:
*'''Reference ''': Peter C.B. Phillips & Shu-Ping Shi & Jun Yu, 2013. "Testing for Multiple Bubbles: Historical Episodes of Exuberance and Collapse in the S&P 500," Cowles Foundation Discussion Papers 1914, Cowles Foundation for Research in Economics, Yale University.
[[User:ExpertIdeasBot|ExpertIdeasBot]] ([[User talk:ExpertIdeasBot|talk]]) 16:05, 12 July 2016 (UTC)
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