How an Economy Grows and Why It Crashes

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Soon islanders began demanding not just primary hut 
residences, but also investment and vacation huts. Some 
islanders even built vacation huts on top of their regular huts.
But then a strange thing happened. With all the demand 
for huts created by fish-traction loans, low (or no) down 
payment requirements, tax-free profit policies, and all 
the fish showered on borrowers by the bank as a result of 
the Finnie and Fishy guarantees, hut prices really started 
to go wild. Prices had always gone up a few percentage 
points every year, but now they were going up by that 
much every month! Bidding wars broke out for even the 
dumpiest huts. 
Things got to the point where traditional measures of 
affordability no longer applied. It used to be that islanders 
would pay no more than two or three times their yearly 

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