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Finding good deals on property is difficult as most are over valued. A real estate correction or even crash is eventually bound to occur. In most major cities, a house cost almost 1 million dollars while wages stagger and are even going down. Real estate prices are being kept artificially high by speculators and foreign investors (china) looking to park their money. How much higher can a house increase over a million? If wages do not rise, Real estate is a gamble right now.