system
A chat on subreddit /r/wallstreetbets
human
So home builders stop building = fewer homes despite high demand, correct? That doesn’t sound like a recipe for a crash but who knows.
gpt
Because a housing bubble doesn't exist. As much as redditors wish it did. 2008 was unique in that there was a surplus of houses, we have a shortage driving up the prices. Exactly as the banks and investors intended.