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Friday, February 5, 2010

How you know if property market is in bubble

Bubble you may see many. Stock bubble maybe a few, one at 2001 and another on 2008. But how about property bubble? Well, that could be more often, nearly 10 year once. You ever get caught before? If yes, then check this out, if not you may learn something from here also.

In this article "Five warning signs that you're caught up in a market bubble" by Market Watch, it shows 5 signs of possible property bubble:

1. I start believing the experts are infallible.
2. I become willing to do things I swore I would never do.
3. I start to view strange behavior as not only normal, but smart.
4. I become emotional and annoyed by anyone who disagrees with me.
5. It feels like the good times will never end.

Remember what goes up, must come down!

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