Everyone's talking about a potential Phuket real estate bubble these days. It's a popular phrase, but a lot of people asking about it don't really know what a 'bubble' means in this context. We've seen bubbles before, like the US housing crisis in 2007, or the dot-com crash in 2000. Basically, a bubble happens when prices get way too high and don't match the real value of things, which usually ends in a...