Comment by mcphage

> Everything is priced that way, basically. In the world of finance, everything is priced according to the future income it can generate -- not just real estate, but stocks, bonds, etc. There's nothing insane about it. To the contrary, it's the only rational way of doing things.

The only rational way of doing things is to turn every part of our economy into a bubble? Well, that at least explains why it’s all collapsing.