My friend (looking to buy a house) used to say Surely the housing prices can’t possibly grow any more! … That was 10 years ago. The bubble is happily bubbling away…
It did, and then real estate investment portfolio companies bought all the property that individuals lost in the crash for super low rates, so now it’s even worse 🙃
Can’t wait for the bubble to pop
I’ve been waiting for twenty years for the real estate bubble to burst…
My friend (looking to buy a house) used to say Surely the housing prices can’t possibly grow any more! … That was 10 years ago. The bubble is happily bubbling away…
Miss bubble bobble…
Didn’t it burst 18 years ago?
It did, and then real estate investment portfolio companies bought all the property that individuals lost in the crash for super low rates, so now it’s even worse 🙃
It’s more like a deflation rather than one big pop. And I think it has already gently started.
The thing about bubbles is that they are not stable enough to exist in a mild deflation.