I was not prepared for how normal you people are.
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The bubble will pop at some point, but I don't think much will happen until housing is massively disrupted, like there are mass foreclosures, evictions, or failures of the companies giving out housing loans.
We could have received a necessary correction if we didn't give out stimulus checks during COVID-19, but that would have hurt politicians' popularity, and probably wouldn't have many them many corporate friends either.