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RE: Which is the biggest bubble?

in #bigreset3 years ago

My vote would totally have been with the housing market, because so much of the price in SO many markets (at least in the USA) is nothing more than AIR... the actual price of bricks, wood, wires and pipes + wages to put them together is a tiny fraction of the end price...

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the actual price of bricks, wood, wires and pipes + wages to put them together is a tiny fraction of the end price

I could not have agreed more and was stunned to see that the poll did not reflect this.

My vote would have been on the Housing Market to be in the biggest bubble and I assumed that the majority would have said the same.

The Housing Market is inflated by cheap, if not, "free money" and the sooner people realise this the better.

The bigger the bubble, the bigger the pop.!!

Stephen

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