bubble burst

Translations
лопнувший пузырь
The housing market bubble burst in 2008.
Пузырь на рынке недвижимости лопнул в 2008 году.
Definitions
A bubble burst refers to the sudden collapse of a market or economic bubble, where the prices of assets, such as stocks or real estate, rapidly decline after a period of inflated values, often leading to significant financial losses.
Words
bubble

noun
пузырь
burst

verb
лопнул