Runum
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In response to the thread about the possible oil bubble I decided to try this out.
In the late 80's we had the real estate collapse due to changes in the tax structure. This led to the development of the RTC and liquidation of large chunks of RE at fire sale prices. That lasted through the early 90's.
Then the late 90's had the tech bubble that burst in the early 2000's.
Then we had another round of real estate investing and another bubble.
Now we MAY have a commodities bubble that includes, food, oil and gold.
If it is a bubble and it pops, what would be your prediction on which way will all of that money go? Another RE bubble? Commercial RE? Tech?
Please feel free to add or correct where I am misinformed. Anyone care to give it a shot?:cheers:
In the late 80's we had the real estate collapse due to changes in the tax structure. This led to the development of the RTC and liquidation of large chunks of RE at fire sale prices. That lasted through the early 90's.
Then the late 90's had the tech bubble that burst in the early 2000's.
Then we had another round of real estate investing and another bubble.
Now we MAY have a commodities bubble that includes, food, oil and gold.
If it is a bubble and it pops, what would be your prediction on which way will all of that money go? Another RE bubble? Commercial RE? Tech?
Please feel free to add or correct where I am misinformed. Anyone care to give it a shot?:cheers:
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