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When the dot com bubble burst, the internet did not go away. Just the over inflated companies did. The underlying tech was not to blame, but the mismanaged VC f
by dylan604 1y ago
When the dot com bubble burst, the internet did not go away. Just the over inflated companies did. The underlying tech was not to blame, but the mismanaged VC funded nonsense that goes on inside hype machines. We lathered and rinsed, now we're repeating.
- bgwalter 1y ago[deleted extreme wrongthink]
- JustExAWS 1y agoThis isn’t true. Housing prices recovered by 2016
- bgwalter 1y agoThe prices recovered. The housing and especially the rental market have been insane ever since. You can view it as a success for investors, but not for anyone else.
- deleted 1y ago[deleted]
- scotty79 1y agoMore like 2021 if you adjust for inflation. https://www.longtermtrends.net/home-price-vs-inflation/ https://www.longtermtrends.net/home-price-vs-inflation/
- ses1984 1y agoWhat do you mean when you say housing hasn’t recovered from the 2008 bubble?
- 1718627440 1y ago"The internet" was invented in the 70ths.