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I don't think it was really a bubble if you look back on it. Yes, some people were exposed (flippers and people that borrowed WAY too much) but anyone that was
by nemo44x 5y ago
I don't think it was really a bubble if you look back on it. Yes, some people were exposed (flippers and people that borrowed WAY too much) but anyone that was just buying a property to live in was fine, mainly. If you look at prices from then VS now, they have more than doubled for example. So was it a bubble? Anyone who bought a house at the top then and is still in it is doing just fine.