

Also a lot of grungy homeless people on the strip.
That’s just tourist hotspots in the US in general (could generally just leave out the tourist part as well). I grew up in a summer tourist town and that county has the highest rates of addiction and homelessness in the entire state. When tourism becomes the economy, it pushes everything else out and leaves no room for locals to live. Half the businesses are closed 9 months out of the year and it’s so crowded during the last 3 that you couldn’t go anywhere if you wanted to.
What they’re saying is that you said that the bubble has kinda already popped because (insert description of the middle of the dot com bubble here when smaller companies began to join in). Based on that, the bubble hasn’t popped at all, small companies are just able to buy in as well before the collapse hits.