I’d also want to know that ratio X for each of the previous booms. There isn’t a discrete threshold, because analogies go on a continuum from more to less relevant. An unusually high X would be noteworthy and relevant, but not make prior analogies irrelevant.
I’d also want to know that ratio X for each of the previous booms. There isn’t a discrete threshold, because analogies go on a continuum from more to less relevant. An unusually high X would be noteworthy and relevant, but not make prior analogies irrelevant.