haha okay mate. What you’re saying makes no sense. If you have ever studied finance and/or macro economics you would realise that the interaction of supply and demand alone impacts price. Reducing steel = less steel for a given unit of demand = increase price of steel = increase price for things made from steel = higher house prices. Therefore decreasing supply of steel would not decrease the price of houses aka pop the housing bubble rather it would inflate the cost of houses because the replacement cost of houses would increase. Happy for you to believe what you like just stating the obvious here.
minor investment advice. Do your own research, etc etc…
FMG Price at posting:
$18.11 Sentiment: Buy Disclosure: Held
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