In American English, what is this self-contained housing unit (a type of residential real estate) that occupies only part of a building, of which the living place of the lives of six young people from Bedsitcom?
Bedsitcom Bedsitcom is a British reality television hoax series that was broadcast on Channel 4 in December 2003. Pitched as "somewhere between a sitcom and a reality TV show", the show documented the lives of six young people living in a loft flat in London. Its hook was that its TV audience was aware that three of the participants—named Mel, Paul and Rufus—were actually actors being directed by a trio of "writers" in a garage on the ground floor.
Real estate bubble A real estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, typically following a land boom. A land boom is the rapid increase in the market price of real property such as housing until they reach unsustainable levels and then decline. The questions of whether real estate bubbles can be identified and prevented, and whether they have broader macroeconomic significance, are answered differently by schools of economic thought, as detailed below.