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carlosjobim
9 days ago
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2025 Letter
Real estate prices are out of whack everywhere. Even in places with no good jobs, low population density, and rapid depopulation, real estate prices are increasing exponentially. There are no market forces in play anymore.
hdgvhicv
9 days ago
[–]
House prices in the U.K. have remained roughly the same multiple of wages as they have been since about 2005. That’s not really exponential growth.
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