On: Economists say that high gas prices triggered the housing crisis in 2007 (2012)

[panick21_]

A bubble is a purely analytical judgment in hindsight. Will at some-point prices be lower then now. Probably yes? Maybe in 50 years? Maybe tomorrow?

Many people have many theory why something is a bubble or not. And what time frame prices have to go down to call yourself correct.

Anybody that claims to know is a charlatan. Many of those get proven right once in a while.