On top of these two powerful fundamental factors sits a bubble. The bubble is filled by people with money who are buying extra houses because they think home prices will continue to rise, and by people without money who are buying $400,000 houses in less-fashionable neighborhoods with zero percent down and floating interest rates.
Sobre estos dos factores fundamentales y potentes descansa una burbuja, compuesta por gente con dinero que está comprando viviendas adicionales porque piensa que sus precios continuarán aumentando, y por gente sin dinero que está comprando viviendas de 400.000 dólares en barrios menos de moda, con cero por ciento de pago inicial y tasas de interés flotantes.