> Nobody seems perplexed by that. Believe me, as a European living in an American city currently “booming”, not only am I perplexed by it but also wonder how i

> Nobody seems perplexed by that. Believe me, as a European living in an American city currently “booming”, not only am I perplexed by it but also wonder how in the hell Americans have put up with it for so long. The negative effects are quite plain to see as people get pushed out of their homes by the wealthy moving in from other states, and yet people seem to want to apply the same fundamentally flawed logic to other asset classes too.