Thursday, November 26, 2020

Tag: Where Have the Affordable Homes Gone?

Where Have the Affordable Homes Gone?

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by Michael Pento, Market Oracle:

Bubbles are self-defeating. Their success is what eventually kills them.

The same is true for cycles.

Take the urbanization cycle for example…

As a population urbanizes, people get wealthier. But more affluent urbanites have fewer kids and that slows future demographic growth for the next generation.