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A comment on Why Index Funds Are Like Subprime CDOs. Parent comment

Re:Why Index Funds Are Like Subprime CDOs by edmundsauto on Wednesday September 04, 2019 @04:14PM (#20880959)
Is your suggestion that overproduction of housing is what caused the bubble?
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Re:Why Index Funds Are Like Subprime CDOs by swsieber on Wednesday September 04, 2019 @07:33PM (#20882449)
I could see overproduction of housing as a sign of the bubble. E.g. why are we suddenly giving out more loans?
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Re:Why Index Funds Are Like Subprime CDOs by mtanski on Wednesday September 04, 2019 @07:46PM (#20882528)
New large generation (Millenials) coming to the housing market. Low interest rates driving folks to refinance. New housing is flat YoY if you look at "House Starts" statistics.
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Re:Why Index Funds Are Like Subprime CDOs by bgilroy26 on Thursday September 05, 2019 @08:47AM (#20886077)
It was a lagging effect of the bubble. The 'build anything, people will buy it' approach resulted from people's excessive faith in housing and the widespread idea that prices could only appreciate, which I take to be the true cause of the housing bubble.
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