this post was submitted on 13 Nov 2024
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[–] [email protected] 4 points 1 day ago (1 children)

With the right level of Government support, bubbles can seemingly go on for literal decades. Case in point, Australian housing since the late 90s has been on an uninterrupted tear (yes, even in ‘08 and ‘20).

[–] [email protected] 1 points 1 day ago

But eventually, bubbles either deflate or pop, because eventually governments and investors will get tired of propping it up. It might take decades, but I think it's inevitable.