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作者

Justyna Brzezicka

来源

HOUSING THEORY & SOCIETY,Vol.38,Issue3

语言

英文

关键字

作者单位

Faculty of Geoengineering, Institute of Spatial Economy and Geography, Department of Spatial Analysis and Real Estate Market, University of Warmia and Mazury in Olsztyn, Olsztyn, Poland

摘要

The article presents a detailed review of the literature relating to speculative price bubbles on the real estate market, in particular the typology of speculative price bubbles. The aim of the study was to synthesize the knowledge on different types of price bubbles in the international literature. A typology of price bubbles was proposed based on functional and structural criteria that account for the structure of price bubbles and the real estate market. The research methods involved critical analysis and a review of the literature with a commentary. The study proposes a novel typology of price bubbles and defines the concept of a “conversion point” which is associated with changes in the group of factors that lead to the formation of price bubbles and changes in bubble type.