The housing bubble was meant to burst ages ago, but due to rich people controlling all the fucking money, no houses have ever gone down in price.
same will happen to RAM, and all the money tied up in AI. too many rich people want it to succeed, so the ramifications of it will continue for the forseeable future, regardless of how useful AI is.
Housing isn’t in a bubble. Construction hasn’t kept up with demand in most areas, and even though COVID was a while ago now, the pause can still be felt in housing. COVID also made rates absurdly low which led to less turnover in home ownership, people with a sub 3.5% rate can’t afford an equivalent house elsewhere. Markets that saw massive building have actually seen prices dropping now, markets that aren’t extremely popular are also seeing prices stall or go down. NYC and LA aren’t getting cheaper anytime soon unless millions of people want to stop living there.