3 ms·
The main question is, what would be the source of the bubble? Is it cheap capital? Fraudulent bank practices? Or is it because people wanted more space during
by BossingAround 5y ago
The main question is, what would be the source of the bubble?
Is it cheap capital? Fraudulent bank practices? Or is it because people wanted more space during lockdowns while having the sense of financial stability?
If the demand increased while supply stayed constant, the price increase is not a bubble. I waited for "the bubble to burst" for years before realizing there likely is no bubble where I am from. Housing's just expensive.
- inglor_cz 5y agoMy tip is "distrust against the future value of the currency". Bricks do depreciate as well, but not massively. The bond buying programs of the ECB are pretty expensive already, and the Green New Deal will be mostly implemented on credit. And Europe is already quite deep in debt. So is the USA, but the USA can at least derive some strength from the dollar being the world reserve currency, with no clear challenger in view.
- goodpoint 5y agoIncreasing inequality in the world - driving foreign, speculative, investment e.g. vulture funds