Also private investors from around the world are buying US property. Americans think of their homes as wealth building investments and it turns out that they are not the only ones thinking that. Housing markets elsewhere are too regulated or volatile or stagnant but snapping up US housing has in a way created its own motivation. The more people do it, the better the returns are on doing it. It’s a bubble, in other words. However that bubble resist popping because historically, housing has never been priced according to its true value. These days we’re seeing prices rise on things like food and housing because shit, what are you going to do, not live and eat?