One of my most memorable "bubble talk" moments was when I was living in South Florida. To clarify, that's only to say it's easy for me to recall given the uniq

One of my most memorable "bubble talk" moments was when I was living in South Florida. To clarify, that's only to say it's easy for me to recall given the unique circumstances of the conversation, not that it was particularly enjoyable for anyone involved. A bunch of my co-workers and I were out to lunch with a new member of our team (management level). The conversation turned to the real estate boom that we were in the middle of. The new guy had already, during the conversation, let us all know he had made a nice chunk of change in real estate recently, and was in the middle of looking for a new house with his wife. They apparently had their eye on a few really nice waterfront properties. That sort of got a few folks talking "bubble". He laughed it off and smugly told us all that (paraphrased) "in reality the market is just going to keep going up." Famous last words, he ended up closing a few months before the crash.