Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Hyperloop Real Estate Boom

Market Insanity

How the Hyperloop will Completely Disrupt the Economy and Everything Else

Hyperloop would make it possible to travel from Scranton, Penn., a historic city full of relatively cheap homes, to Manhattan in about the same time as it now takes to get to Brooklyn on the subway. Scranton is 145.2 miles from Manhattan, which is a 2½-half hour drive or bus ride. If that travel time gets reduced to 10 to 20 minutes, much of Brooklyn’s appeal goes up in smoke. There are dozens of historic cities full of cheap old houses within a few hundred miles of Manhattan.

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Long Ideas

Hyperloop City Planned in California

One has to wonder what other Hyperloop-oriented schemes are coming our way. If this technology works, we could see the greatest real estate bubble in history—one that will create a lot of fortunes and leave a lot of broken dreams in its wake. If it works, Hyperloop will change our country, our cities, and our way of life beyond recognition.

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