Ouch. Seriously you don't understand what a bubble is. "It's when bets are made on things that don´t have an underlying value." No. It's when speculation [be

Ouch. Seriously you don't understand what a bubble is. "It's when bets are made on things that don´t have an underlying value." No. It's when speculation [betting] leads to overvaluing an "asset". Homes have an underlying value. The bubble on home prices was a result of overvaluation [due to speculation].