There are other articles around that name various sets of large American cities that are maybe/​probably bubbling, and California is often cited as being at the forefront of the bubble.
However, you are right, the claims are that we are in a new bubble, not the same old bubble.
The Motley Fools have a pretty good, and brief overview.
There are other articles around that name various sets of large American cities that are maybe/​probably bubbling, and California is often cited as being at the forefront of the bubble.
However, you are right, the claims are that we are in a new bubble, not the same old bubble.