by ttsmyf follow (0)
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APOCALYPSEFUCKisShostikovitch says
None of the above. Its all about Fraud. At a certain proportion, when most all REALTORS are screaming VALUATIONS NORMALLY DOUBLE EVERY HOUR! and most all mortgage brokers are teaching every second or third customer how to lie on a mortgage application so they can move the paper, the market achieves a momentum all its own and the bubble just inflates by force of this critical mass of bogus valuations and inflated prices. And, of course, it's government and Fed policy to do anything possible to keep the bubble inflated, so don't expect Justice to discipline the market.
IMO, if this is in your face, OR on your mind from previously in your face,

then your "sky's the limit imagining" is very limited!
True or False: The MAIN ENABLER of sizable asset price bubbles is hiding these real price histories.
Real Homes, Real Dow
http://www.showrealhist.com/RHandRD.html
http://www.showrealhist.com/yTRIAL.html
#bubbles