Charles Hugh Smith personal blog
The Airbnb Bubble Popping Will Pop the Housing Bubble
This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear, pushing prices down, and the 64% awaken to the rapidly narrowing window for locking in bubble capital gains. Here's how we can tell if a speculative bubble is a bubble : everyone says it isn't a bubble --the market has reached a…
- Points
- 100
- HN comments
- 160
- Submissions
- 1
- Cited by
- 0 commenters
Society, Policy & CultureTech Industry & Business2023
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Sep 4, 2023 | The Airbnb Bubble Popping Will Pop the Housing Bubble by celtoid | 100 | 160 |
