The population of CA is about 80 times the population of Las Vegas. Therefore if Las Vegas had a real estate bubble in the past, California cannot be having one now, because its bigger. Or something like that.
Two diagnostic indicators for a bubble: Graph PE ratio and its friends, and is there any monetization strategy presented other than greater fool theory?
Two diagnostic indicators for a bubble: Graph PE ratio and its friends, and is there any monetization strategy presented other than greater fool theory?