There has been widespread denial that there could be anything like a real estate “bubble,” even given recent activity. Yet, anyone with a pulse can see wild speculation taking place all around them.
If we reflect back on the stock market bubble of 2000 and, yes, it was in fact a bubble we can see many similarities. Without a doubt, the level and severity of speculation we’re experiencing currently, particularly with single family residential homes, resembles the type of fanatic behavior we experienced towards stocks just before the end of the last stock market cycle…
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Article Author: Joshua DorkinJoshua has written 570 articles for us.
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Joshua Dorkin (@jrdorkin) is the founder and CEO of BiggerPockets.Mr. Dorkin's vision for BiggerPockets has helped to propel it into becoming one of the top real estate destinations online. His vision for the site and its future has brought national press attention to both Mr. Dorkin and to BiggerPockets.
Joshua Dorkin
