“If you go into what I call a bubble boom, every bubble bursts.”
“It's a balloon, not a bubble. Balloons inflate and deflate; bubbles burst.”
“The days of the housing boom are over. It doesn't appear to be this burst bubble that everybody was afraid of, but it's certainly not this growth industry.”
“Developers see no sign of a 'bubble' bursting.”
“If there were a lot of homes in inventory, we could anticipate a bubble bursting, but there isn't,”
“Four to five years ago when the equity bubble burst we were hopeful that gold demand would surface. But people went to other asset classes like real estate or hedge funds.”
Charles de Vaulx
“We haven't had a burst. We have barely had a leak in the bubble. And I think that you'll see come spring, next quarter, that the hole in the bubble is going to be sealed up.”
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