I understand your points and pretty much agree with them. My issue is with the term "bubble," because it means different things to different people. Originally

I understand your points and pretty much agree with them. My issue is with the term "bubble," because it means different things to different people. Originally, "bubble" means stock market bubble, and when one of those things bursts, it's really bad news. You're using it to mean a relative handful of private investors who may be over-investing. That does not have the same kind of consequences.