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Originally Posted by Almighty Colin
Disagree. Market bubbles disconnect from the underlying fundamentals. That's what makes them bubbles. There were no fundamental reasons behind the outrageous NASDAQ bubble that crashed in 2000. It was lots of people trying to sell to the next bigger fool at a higher price. You know, like condo flipping.
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By your definition there is no real-estate bubble, at least in south florida. See this article in
the Sun Sentinel Very low invetory and very high demand = higher prices. For things to change something has to change the supply/demand picture, like highere interest rates or a recession.