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Protip: Bubbles always last 18 months longer than you think they can.
by hindsightbias 10y ago
Protip: Bubbles always last 18 months longer than you think they can.
- Pxtl 10y agoI figured the Canadian real-estate bubble would pop like 5 years ago. Not so much.
- vkou 10y agoWell... It popped in Fort McMurray. Edit: And that was way before this year's wildfire.
- mrtron 10y agoIf the 'bubble' pops now, prices will still be higher than they were 5 years ago. That makes your prediction extra bad. Unless you normalize by currency, in which case its just a fairly bad prediction.