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Yeah for sure Jdoe.
There is a tonn of money in real estate.
Here in Australia over the last few years there has been an enormous boom. Prices have been increasing at around 30-40% per year and people have been making amazing gains. With interest rates so low EVERYONE decided to get into property. The government are now running inquiries into the price of houses as they're becoming unaffordable for first home buyers. Sydney prices are just ridiculous and the rest of the country is following.
That being said most people here are expecting the market to cool fairly shortly. There are still bargains out there, just they are harder to find right now.
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