Before the economic collapse Icelandic consumers spent more money because they felt that they were wealthier than they in fact were. This was partly due to increases in real estate prices and the price of stocks.
Á árunum fyrir hrun eyddu neytendur meiri peningum vegna þess að þeir skynjuðu sig efnaðri en þeir í raun og veru voru, vegna hækkana á verði fasteigna og á gengi hlutabréfa.