Less than 10 years later (at the beginning of the twenty-first century), there was also a housing bubble, which resulted in the doubling and tripling of housing prices. Some people made fortunes buying and selling houses without ever taking possession of the houses (i.e., flipping). The entire country was swept up in the housing mania, and no one imagined that housing or stock prices could go down. Ironically, the housing bubble also helped fuel another stock market bubble (along with low interest rates).

