Absolutely. On top of the interest rates (and QE) we have: 1. Cities becoming much wealthier, and lower crime, resulting new generations moving there 2. New im

Absolutely. On top of the interest rates (and QE) we have: 1. Cities becoming much wealthier, and lower crime, resulting new generations moving there 2. New immigration wave to Western Countries. (UK esp had population relatively slow growing pop in the 50s, 60s, 70s) 3. A big demographic bulge of baby boomers getting ready for retirement saving as much as possible, looking for investments 4. Lots of money coming out of China looking for investments 5. Two huge stock market crashes leaving most people wary of stocks and seeing property as a safer investment 6. A combination of all factors pushing property even higher into bubble conditions.