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That's a telling example of what is happening across the East End: a meteoric rise in sale prices that many brokers say is driven by big Hamptons trophy-home sales, but a glut of homes valued under $10 million sitting on the market, including some new ones built by speculators.
That could leave banks choking on a glut of loans whose value is falling fast.
What Las Vegas found: Taking Grubauer wouldn't make much sense, because there happened to be a glut of goaltenders available, so his value might not be as high.
But when the mortgage market disintegrated, these outer-fringe cities were left with a glut of new housing, and the value of these once-desired homes took a nosedive.
What happens if the car buyers get laid off and a glut of used cars depresses repo values?
On the Pacific Stock Exchange, a glut of unfilled seats has depressed their value to the point that there are no leases as such -- just the $750 monthly membership fee that owners are passing on to any takers.
The limit is designed by the bitcoin creator or creators (known only by the name Satoshi Nakamoto) to ensure that there would never be a glut of coins that would depress their value.
The unexpectedly steep decline has left a glut of homes on the market, pushed values down and led to tighter credit and concerns about a wider economic slowdown.
Oil companies argue that the vast majority of the petrol price is made up of taxes but a further collapse in crude values would produce a glut of cheap refined products and pressure to pass on cuts.
But as home values increase, we're not seeing a glut of homes listed for sale.
A glut of ships, and slack demand for shipping in the weak global economy, have reduced the value of cargo ships.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com