in theory, booms in elastic markets do not last for long because as new housing becomes available it puts pressure on prices, puncturing expectations of further appreciation and popping the bubble.
理论上,弹性市场的繁荣不会持续很长时间,因为随着新屋入市,价格会产生下行压力,从而抑制涨价预期并挤压泡沫。