this post was submitted on 13 Nov 2024
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[–] thatKamGuy 4 points 1 week 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).

[–] sugar_in_your_tea 1 points 1 week 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.