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I think it's the other way around. Because the economy is so crappy money is flowing into the one area which still has the (perceived) possibility of a signifi
by mtrimpe 13y ago
I think it's the other way around.
Because the economy is so crappy money is flowing into the one area which still has the (perceived) possibility of a significant positive return on investment.
Unfortunately, like markets tend to do, that's been raising the prices/valuations to levels at which few investors will be actually able to get market beating returns on investment.
If I'm right then this market is indeed experiencing an artificially high demand, but the dynamics make it more likely to simply have it dry up eventually rather than having it pop (like a bubble would.)