ThirstyFish

A view of the Dikmen Vadisi section of Ankara.

Since the mid 2000's, there has been a significant growth in the real estate market in Ankara, and most urban areas in Turkey. But some economists are warning of a potential housing bubble. The housing market looks dangerously over-inflated in many emerging markets such as Brazil, China, India, Indonesia, Turkey and others.

The bigger the bubble, the nastier the collapse! In the United States, we still have not recovered from the 2008 recession caused by the housing bubble. Economic bubbles are often driven by speculation, or worst, market manipulation. And speculators position themselves in a way where they benefit from both the boom cycle, and the bust.