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In most of the researches about economic bubbles it is mentioned that a bubble is difficult to recognize and to deal with and that it is only possible to address its consequences post-factum. This book is aimed at ascertaining whether the developments of house prices in Germany can become a housing bubble, or if they are already representing one, as well as developing a possible forecast of further housing market dynamics based on the most recent available data and the analysis of the most significant and current real-estate bubbles. Moreover, the impact of growing housing prices is to be estimated and suggestions about the possible effects are to be given. The importance of the topic is explained by the fact that after the world financial crisis in 2008, which was caused by the U.S. real estate market bubble, it became crucial to recognize possible market crashes, particularly following real estate market bubbles, in order to avoid such largescale economic crisis. A bubble in a country´s economy can lead to very drastic consequences, and assuming that it is possible to predict one, certain preparations can be made by the government, as well as individuals.

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Holoborodko, Karyna
Karyna Holoborodko works as an accountant in Rasminka GmbH. Besides, she graduated with her master degree of Financial Services Management at the University of Applied Sciences (Hochschule Kaiserslautern).

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