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Are we heading for another housing bubble?

A housing bubble is a rapid increase in the price of housing caused by factors such as low-interest rates and government mandated loan requirements. The government creates artificial demand, demand that without government intervention would not exist, entrapping buyers who cannot afford the expenses of owning a house. Bankruptcies start, prices fall and the owners find themselves with a now toxic investment. This snowballs into massive bankruptcies of lending institutions, relative industries suffering and the corresponding unemployment.

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Bond bubble

Anything propped up by dependence on US Treasury bonds will be affected, so technically yes the housing market will crash, but it won't be a "housing bubble". It will be a result of the bust cycle of the bond boom caused by America "doing business with" the Federal Reserve (they are monetizing debt and driving the dollar toward collapse.)