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Uh, mere growth in asset prices is not a strong indicator of a bubble. How much would property prices have to decline for this asset class to no longer have sup
by yanderekko 6y ago
Uh, mere growth in asset prices is not a strong indicator of a bubble. How much would property prices have to decline for this asset class to no longer have supernormal returns for the past 20 years? Do you actually think that that's going to happen?