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Back To The Future - Tyler Cowen
The Joe Walker Podcast
The Anti-Bubble Face
Most of the economic value in the US is produced in parts where the value of real estate is considerably higher than it used to be. It's like people said Bitcoin was a bubble and it fell a great amount very quickly. And I guess on the other hand cities that are more illustrative of the anti-bubble faces would include for example Detroit which I think had a bust without a boom.Detroit too has come back the city is seeing a renaissance. They're just hard to value assets and we've been getting it wrong and searching the price space but they're clearly worth something.
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