Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by parkingrift on Friday April 08, 2022 @06:50AM
(#30955431)
If it takes several decades for the bubble to pop then it isn’t a bubble.
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by Beltiras on Friday April 08, 2022 @07:59AM
(#30955856)
If it's being artificially inflated by policy it's a bubble, even if it takes a very long time for the inflation to pop it.
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by parkingrift on Friday April 08, 2022 @12:08PM
(#30958958)
An economic bubble, by definition, is a scenario where asset prices are significantly divorced from underlying fundamentals. It is not possible to have a thirty year bubble. A thirty year "bubble" means the fundamentals were wrong and we were never actually in a bubble.
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by modeless on Friday April 08, 2022 @03:57PM
(#30961797)
You don't think it's possible for underlying fundamentals to be defied for 30 years, huh? Depends how you define fundamentals I guess. If your definition of fundamentals is "something that lasts 30 years or more" then you'd be tautologically correct.
Re:‘Housing in ‘07 wasn’t a bubble” is a true statement that...
by parkingrift on Monday April 11, 2022 @11:31AM
(#30990177)
I don't know how something could be "fundamental" if it's wrong for thirty years.
Really? It seems pretty obvious to me that we're in the middle of a huge bubble. The problem is the bubble may not pop for decades because propping up the bubble is government policy at every level from federal to state to local. And if they ever stop, tons of people will be totally screwed. Never mind that even more people are getting screwed by the bubble...