People are more likely to refer to it as a bubble because of the 2000 "Dot Com Bubble." While 2008 was a "housing bubble" most people just refer to it as the 20

People are more likely to refer to it as a bubble because of the 2000 "Dot Com Bubble." While 2008 was a "housing bubble" most people just refer to it as the 2008 recession. People are just most apt to draw comparisons between the tech industry now and the tech industry in 1998-2000, so referring to it as a bubble happens.