4 ms·
> The US housing market crashed back in 2006 because tech started showing promise ("Web 2.0", mobile shortly thereafter) and the money left housing to buy into
by SV_BubbleTime 3y ago
> The US housing market crashed back in 2006 because tech started showing promise ("Web 2.0", mobile shortly thereafter) and the money left housing to buy into the newfangled tech.
This is definitely the first time I’ve read this. Do you have more info on that?
- disgruntledphd2 3y ago> This is definitely the first time I’ve read this. Do you have more info on that? This would be a particularly unique explanation for the bursting of property bubbles all over the world (like, does this also explain the Irish property bubble crashing?).
- 6510 3y agoIf you can have a something for nothing investment market it will always get in the way of actually doing something useful.