The period from 2002 to 2007 is widely known as the “Great Credit/Housing Bubble”.
Call the post-crash era whatever you like, but the house price charts below look very similar.
In fact, the pace of house price gains during the Fed’s Twist/QE era was stronger than during the past bubble.
The only thing that really comes to mind is the old saying, “if it walks like a duck and quacks like one, it’s probably a duck, or a similar species”.
“Housing Bubble 2.0” is too cliche’. I would love to get some ideas from readers on how I should start referring to this era.