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For all these 'bubble' cities (Vancouver, S.F., Seattle, London, ...), I wonder if the bubble ever pops? Are there examples of the prices/avg. income getting so

• matrix 11y ago
  Yes. I'm told that some people who bought property in Vancouver the early 80's were upside down on their properties for 15 years. That said, I'm not predicting that outcome myself -- at this point, I would not want to place any sort of bet on that market.
• lmm 11y ago
  https://en.wikipedia.org/wiki/Lost_Decade_(Japan) https://en.wikipedia.org/wiki/Lost_Decade_(Japan) Everything is still disputed, but Tokyo real estate prices certainly played a part. There was no crash as such, but rather a stagnation.
• DrScump 11y ago
  Oh, sure. In the Bay Area, prices drop substantially after every bubble / recession (early 90s, 2000, mid-2000s).