Hi Nosrommit
Phil talks about a 60 year commodity super cycle which we are still in. However we are moving from a period of expansion to one of supply. Demand will still be there but not to the same degree.
The book can be dry reading as it looks at the historical reasons for the boom and bust cycle of land and property in the
U.S.A from the time freehold property came available.
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- Greater fools push house prices to final peak
Greater fools push house prices to final peak, page-51
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