alt Hacker NewsWhy read comments in isolation? We already went over this:
- Rapid price appreciation
- Speculation
- A disconnect from fundamentals
- Widespread media attention
- An eventual correction
If market cap, how do you explain housing bubbles? Market cap is not applicable to housing.
of course market cap of housing went down! individual houses fell down in price.
that didn't happen for tech stocks. you are making your own definitions of bubble - the sufficient thing to happen is for the market cap to go down precipetously which it didnt.