Quote:
Originally Posted by McLovin
2 things about bubbles, 100% of the time:
1. During the bubble, everyone says it won't pop. (Usually on the logic that "they're not making it any more," i.e., "they're not making real estate any more," etc.)
2. They always pop.
Its weird how people never learn from history. This time is no different.
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What happens often is that they don't come back to pre-bubble levels though ...