Standardising rental agreements refers to the use of legally defined or state-approved baseline rental contract terms, such as provisions on lease duration, renewal, eviction procedures, maintenance responsibilities, and tenant–landlord rights and obligations.
Housing market bubble refers to a situation in which housing prices rise significantly above levels justified by underlying fundamentals (such as income, rents, or demand), often driven by speculation, and which may be followed by market instability, stagnation, or decline when expectations adjust.