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418 | The Hidden Forces Driving Property Values

The Property Couch

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The Block Effect Is the Magic Dust Effect

Benjamin Graham: Why isn't demand and supply a reliable or consistent measure of long term growth? He says it's that affordability sentiment and also rational behavior. Some regional locations have sustainable underlying factors, he says; some don't. And so people will have spikes in prices in those demands,. But over the journey, will that be part of it? Ben adds. The pandemic also did a little bit of that - where people are going, right, pack my bags. I'm out of here, I'm heading to the hills.

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