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            US housing lost its value because of shitty construction, not because "housing is a bubble"
            
            
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              @shpuld oh i was just subposting dt's "BTC failed not because it was a bubble"
              
             
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              @shpuld oh
              
             
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              @hakui Everyone freaks out about housing going down in price but at the same time they complain about housing being too expensive for most people. While a sharp fall on the price or real state screws investors, it allows people to actually buy houses to live in them rather than turning a profit, which is in the long term a great thing for the country.