{"id":5718,"date":"2022-11-06T09:03:23","date_gmt":"2022-11-06T09:03:23","guid":{"rendered":"https:\/\/crestnetwork.com\/?p=5718"},"modified":"2022-11-06T09:03:28","modified_gmt":"2022-11-06T09:03:28","slug":"global-cities-with-the-highest-real-estate-bubble-risk","status":"publish","type":"post","link":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/","title":{"rendered":"Global Cities With The Highest Real Estate Bubble Risk"},"content":{"rendered":"\n<p>Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it\u2019s simply experiencing robust demand. Of course, once a bubble bursts, it\u2019s all obvious in hindsight. One common red flag is when prices decouple from local incomes and rents. As well, imbalances in the real economy, such as excessive construction activity and lending can signal a bubble in the making.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"821\" src=\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right-1024x821.webp\" alt=\"\" class=\"wp-image-5719\" srcset=\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right-980x786.webp 980w, https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right-480x385.webp 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<p>The map above, based on data from the <a href=\"https:\/\/www.ubs.com\/global\/en\/wealth-management\/insights\/2022\/global-real-estate-bubble-index.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Real Estate Bubble Index<\/a> by UBS, examines 25 global cities, scoring them based on their bubble risk. (The whole report is available at that link.)<\/p>\n\n\n\n<p>In the 2022 edition of the Real Estate Bubble Index, nine of the cities covered were classified as having extreme bubble risk (1.5 or higher score).<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Rank<\/strong><\/td><td><strong>Risk\u00a0<\/strong><\/td><td><strong>City<\/strong><\/td><td><strong>Bubble Index Score<\/strong><\/td><\/tr><tr><td>#1<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"31\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde8\ud83c\udde6\"> Toronto<\/td><td>2.24<\/td><\/tr><tr><td>#2<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde8\ud83c\udde6,\ud83c\udde9\ud83c\uddea\"> Frankfurt<\/td><td>2.21<\/td><\/tr><tr><td>#3<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\udde9\ud83c\uddea,\ud83c\udde8\ud83c\udded\"> Zurich<\/td><td>1.81<\/td><\/tr><tr><td>#4<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde8\ud83c\udded,\ud83c\udde9\ud83c\uddea\"> Munich<\/td><td>1.8<\/td><\/tr><tr><td>#5<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde9\ud83c\uddea,\ud83c\udded\ud83c\uddf0\"> Hong Kong<\/td><td>1.71<\/td><\/tr><tr><td>#6<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"52\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\udded\ud83c\uddf0,\ud83c\udde8\ud83c\udde6\"> Vancouver<\/td><td>1.7<\/td><\/tr><tr><td>#7<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde8\ud83c\udde6,\ud83c\uddf3\ud83c\uddf1\"> Amsterdam<\/td><td>1.62<\/td><\/tr><tr><td>#8<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddf3\ud83c\uddf1,\ud83c\uddee\ud83c\uddf1\"> Tel Aviv<\/td><td>1.59<\/td><\/tr><tr><td>#9<\/td><td>\ud83d\udd34<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\uddee\ud83c\uddf1,\ud83c\uddef\ud83c\uddf5\"> Tokyo<\/td><td>1.56<\/td><\/tr><tr><td>#10<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddef\ud83c\uddf5,\ud83c\uddfa\ud83c\uddf8\"> Miami<\/td><td>1.39<\/td><\/tr><tr><td>#11<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"52\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\uddfa\ud83c\uddf8,\ud83c\uddfa\ud83c\uddf8\"> Los Angeles<\/td><td>1.31<\/td><\/tr><tr><td>#12<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddfa\ud83c\uddf8,\ud83c\uddf8\ud83c\uddea\"> Stockholm<\/td><td>1.22<\/td><\/tr><tr><td>#13<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddf8\ud83c\uddea,\ud83c\uddeb\ud83c\uddf7\"> Paris<\/td><td>1.21<\/td><\/tr><tr><td>#14<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\uddeb\ud83c\uddf7,\ud83c\udde6\ud83c\uddfa\"> Sydney<\/td><td>1.19<\/td><\/tr><tr><td>#15<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde6\ud83c\uddfa,\ud83c\udde8\ud83c\udded\"> Geneva<\/td><td>1.14<\/td><\/tr><tr><td>#16<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"52\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\udde8\ud83c\udded,\ud83c\uddec\ud83c\udde7\"> London<\/td><td>1.08<\/td><\/tr><tr><td>#17<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"52\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddec\ud83c\udde7,\ud83c\uddfa\ud83c\uddf8\"> San Francisco<\/td><td>0.78<\/td><\/tr><tr><td>#18<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddfa\ud83c\uddf8,\ud83c\uddfa\ud83c\uddf8\"> Boston<\/td><td>0.75<\/td><\/tr><tr><td>#19<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\uddfa\ud83c\uddf8,\ud83c\uddea\ud83c\uddf8\"> Madrid<\/td><td>0.59<\/td><\/tr><tr><td>#20<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddea\ud83c\uddf8,\ud83c\uddfa\ud83c\uddf8\"> New York<\/td><td>0.57<\/td><\/tr><tr><td>#21<\/td><td>\ud83d\udfe0<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddfa\ud83c\uddf8,\ud83c\uddf8\ud83c\uddec\"> Singapore<\/td><td>0.5<\/td><\/tr><tr><td>#22<\/td><td>\ud83d\udfe2<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"52\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\uddf8\ud83c\uddec,\ud83c\uddee\ud83c\uddf9\"> Milan<\/td><td>0.34<\/td><\/tr><tr><td>#23<\/td><td>\ud83d\udfe2<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\uddee\ud83c\uddf9,\ud83c\udde7\ud83c\uddf7\"> Sao Paulo<\/td><td>0.2<\/td><\/tr><tr><td>#24<\/td><td>\ud83d\udfe2<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image002.png\" alt=\"\ud83c\udde7\ud83c\uddf7,\ud83c\udde6\ud83c\uddea\"> Dubai<\/td><td>0.16<\/td><\/tr><tr><td>#25<\/td><td>\ud83d\udfe2<\/td><td><img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"53\" src=\"file:\/\/\/C:\/Users\/ajgen\/AppData\/Local\/Temp\/msohtmlclip1\/01\/clip_image003.png\" alt=\"\ud83c\udde6\ud83c\uddea,\ud83c\uddf5\ud83c\uddf1\"> Warsaw<\/td><td>0.15<\/td><\/tr><tr><td><\/td><td><\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Toronto, Canada\u2019s largest city, finds itself at the top of a ranking no city wants to end up on. Toronto\u2019s home prices have been rising steadily for years now, and many, including UBS, believe that the city is now firmly in bubble territory. Vancouver also finds itself in a similar position. Both Canadian cities have a high quality of life and have <a href=\"https:\/\/www.visualcapitalist.com\/biggest-tech-talent-hubs-in-us-and-canada\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">thriving tech industries<\/a>.<\/p>\n\n\n\n<p>Notably, none of the U.S. cities analyzed find themselves in the most extreme bubble risk category. The closest scoring U.S. city was Miami, which sits firmly in overvalued territory (0.5-1.5 range) with a score of 1.39.<\/p>\n\n\n\n<p>In recent years, low interest rates helped push home prices and incomes further apart. For cities in the bubble risk zone, prices have climbed by an average of 60% in inflation-adjusted terms over the past decade, while rents and real incomes increased by just 12%. And, while COVID-19 briefly put a dent in urban demand, rents in the cities analyzed rose at around the same pace as pre-pandemic times. As a result, all but three of the cities saw positive price growth over the past year from a nominal price perspective:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"1024\" src=\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Chart-2-780x1024.webp\" alt=\"\" class=\"wp-image-5720\"\/><\/figure>\n\n\n\n<p>U.S. cities occupy 4 of the top 5 spots at the top of this chart. Miami, in particular, is seeing strong internal migration patterns, as well as renewed interest from foreign investors. Hong Kong experienced the biggest one-year nominal drop of all the cities analyzed. The report notes that since around 2019 Hong Kong \u201chas broadly stagnated as the lack of affordability, economic woes, and pandemic restrictions all took a major toll on demand.\u201d Prices can\u2019t rise forever. According to UBS, most cities with high valuations, price corrections have already begun, or could be right around the corner.<\/p>\n\n\n\n<p>Read the whole report <a href=\"https:\/\/www.ubs.com\/global\/en\/wealth-management\/insights\/2022\/global-real-estate-bubble-index.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">&lt;HERE><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it\u2019s simply experiencing robust demand. Of course, once a bubble bursts, it\u2019s all obvious in hindsight. One common red flag is when prices decouple from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":5719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","limit_modified_date":"","last_modified_date":"","inline_featured_image":false,"footnotes":""},"categories":[106,108],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network\" \/>\n<meta property=\"og:description\" content=\"Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it\u2019s simply experiencing robust demand. Of course, once a bubble bursts, it\u2019s all obvious in hindsight. One common red flag is when prices decouple from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"CREST Real Estate Network\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-06T09:03:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-06T09:03:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1539\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Aston\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aston\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/\",\"url\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/\",\"name\":\"Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network\",\"isPartOf\":{\"@id\":\"https:\/\/crestnetwork.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp\",\"datePublished\":\"2022-11-06T09:03:23+00:00\",\"dateModified\":\"2022-11-06T09:03:28+00:00\",\"author\":{\"@id\":\"https:\/\/crestnetwork.com\/#\/schema\/person\/76dbfbdd315db80cc124293838a31447\"},\"breadcrumb\":{\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage\",\"url\":\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp\",\"contentUrl\":\"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp\",\"width\":1920,\"height\":1539},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/crestnetwork.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global Cities With The Highest Real Estate Bubble Risk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/crestnetwork.com\/#website\",\"url\":\"https:\/\/crestnetwork.com\/\",\"name\":\"CREST Real Estate Network\",\"description\":\"Trusted Voice of Real Estate Since 1993\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/crestnetwork.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/crestnetwork.com\/#\/schema\/person\/76dbfbdd315db80cc124293838a31447\",\"name\":\"Aston\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/crestnetwork.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/06a00144f83c6564d76919621bb08bef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/06a00144f83c6564d76919621bb08bef?s=96&d=mm&r=g\",\"caption\":\"Aston\"},\"url\":\"https:\/\/crestnetwork.com\/author\/aston\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/","og_locale":"en_US","og_type":"article","og_title":"Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network","og_description":"Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it\u2019s simply experiencing robust demand. Of course, once a bubble bursts, it\u2019s all obvious in hindsight. One common red flag is when prices decouple from [&hellip;]","og_url":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/","og_site_name":"CREST Real Estate Network","article_published_time":"2022-11-06T09:03:23+00:00","article_modified_time":"2022-11-06T09:03:28+00:00","og_image":[{"width":1920,"height":1539,"url":"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp","type":"image\/webp"}],"author":"Aston","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aston","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/","url":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/","name":"Global Cities With The Highest Real Estate Bubble Risk | CREST Real Estate Network","isPartOf":{"@id":"https:\/\/crestnetwork.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage"},"image":{"@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage"},"thumbnailUrl":"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp","datePublished":"2022-11-06T09:03:23+00:00","dateModified":"2022-11-06T09:03:28+00:00","author":{"@id":"https:\/\/crestnetwork.com\/#\/schema\/person\/76dbfbdd315db80cc124293838a31447"},"breadcrumb":{"@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#primaryimage","url":"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp","contentUrl":"https:\/\/crestnetwork.com\/wp-content\/uploads\/2022\/11\/Right.webp","width":1920,"height":1539},{"@type":"BreadcrumbList","@id":"https:\/\/crestnetwork.com\/global-cities-with-the-highest-real-estate-bubble-risk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/crestnetwork.com\/"},{"@type":"ListItem","position":2,"name":"Global Cities With The Highest Real Estate Bubble Risk"}]},{"@type":"WebSite","@id":"https:\/\/crestnetwork.com\/#website","url":"https:\/\/crestnetwork.com\/","name":"CREST Real Estate Network","description":"Trusted Voice of Real Estate Since 1993","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/crestnetwork.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/crestnetwork.com\/#\/schema\/person\/76dbfbdd315db80cc124293838a31447","name":"Aston","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/crestnetwork.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/06a00144f83c6564d76919621bb08bef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/06a00144f83c6564d76919621bb08bef?s=96&d=mm&r=g","caption":"Aston"},"url":"https:\/\/crestnetwork.com\/author\/aston\/"}]}},"_links":{"self":[{"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/posts\/5718"}],"collection":[{"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/comments?post=5718"}],"version-history":[{"count":1,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/posts\/5718\/revisions"}],"predecessor-version":[{"id":5721,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/posts\/5718\/revisions\/5721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/media\/5719"}],"wp:attachment":[{"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/media?parent=5718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/categories?post=5718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crestnetwork.com\/wp-json\/wp\/v2\/tags?post=5718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}