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Compare the speculation of stock market investors in the Roaring Twenties to “house flippers” of the 2000s in terms of their motivations. Between the 1920s and the early 1930s millions of American suffered in terrible conditions from the Great Depression. As hundreds of thousands of people in the nation’s urban areas grappled with homelessness, rural America was pounded by a series of environmental catastrophes that made the situation even worse and exposed the fact that the government seemed powerless. The two time periods are very similar. Both groups wanted to make a lot of money and make it fast. They both used methods to get people to invest even when they could not afford it as they focus on their financial stability.

Investors and House Flippers had the same mentality. They were looking to get rich quick. The stock market investors in the Roaring Twenties poured tens of millions of dollars into Wall Street. Stock prices were inflated far above their realistic value prior to the market crash. The House Flippers of the 2000s poured millions of dollars into the housing market with the same mindset. The market value of homes were highly inflated which became the sellers market. When the bottom fell out, each suffered great losses and brought the US economy to a slow crawl. The housing market crash affected other classes of business such as home builders, construction, home valuations, home supply, retail companies, real estate, Wall Street, banks, and mortgage companies. In both cases, the banks provided the loans to support their efforts as where today the banks and mortgage companies went into frenzy because all they did was care about the money and not the lives of the people. The people with the most investment lost the most when the stock market dropped.

Compare the numbers and types of people who benefited from the frenzied trading on Wall Street in the 1920s with those who benefited from the race to home ownership in the late 90s and 2000s. The...