Cascades in the Housing Market

Cascades can play a role if certain neighborhoods are considered or buying a house in a certain neighborhood is considered a good investment for the future. If you go along with the crowd and say like most people that this neighborhood is going to hold its value, it's going to become more popular. bubbles are often driven by people's reluctance,. especially as home values are rising, people's reluctance to say that the market is overheated.