Is Prague in a property bubble? I spent the last year analyzing 16 years of market data to find out. The answer might surprise you. Every week, I hear the same concern from clients: "Real estate here is overpriced. I’ll wait for the bubble to pop." It’s an understandable sentiment. But "expensive" and "in a bubble" are two different things. As part of my recent academic research, I applied the BSADF test  (a statistical method to detect explosive behavior in asset prices) to