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    How long can prices rise before no one can afford to buy? In a nutshell, that is the basic question that is niggling at the back of our collective subconscious when we talk about the real estate bubble.

    Real estate is appreciating at staggering rates - as much as 19% in some counties in Florida according to state officials. Meanwhile, on the financing scene, interest rates are low - and staying there. Low interest rates mean lower monthly mortgage payments - which means that many people are able to borrow MORE and afford larger mortgages and more expensive houses. Couple the astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that

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    subconscious when we talk about the real estate bubble.

    Real estate is appreciating at staggering rates - as much as 19% in some counties in Florida according to state officials. Meanwhile, on the financing scene, interest rates are low - and staying there. Low interest rates mean lower monthly mortgage payments - which means that many people are able to borrow MORE and afford larger mortgages and more expensive houses. Couple the astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that

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    n Florida according to state officials. Meanwhile, on the financing scene, interest rates are low - and staying there. Low interest rates mean lower monthly mortgage payments - which means that many people are able to borrow MORE and afford larger mortgages and more expensive houses. Couple the astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that
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    r monthly mortgage payments - which means that many people are able to borrow MORE and afford larger mortgages and more expensive houses. Couple the astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that
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    he astronomical increase in real estate value with the continuing trend of low interest rates, and you have a sizzling hot real estate market that just keeps getting hotter as investors jump on board to get their piece of the real estate pie.

    Which leads people who know finances and the market to question how long it can last. A major part of that answer is in the question that opened this article. Prices will continue to rise until they reach the point where most people can no longer afford to buy.

    Another part of the answer is in the fact that the real estate bubble is extremely localized - and it's localized in some of the larger media centers around the country. Massachusetts, New York, Florida, California

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