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The Demand for Real Estate in the Context of Population Growth
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Max Naughton: The math adds up to a relatively lower demand, generating lower returns for real estate over the next 80 years. This, coupled with the fact that the population pyramid is going to skew towards retiries, has me word that historical data in these areas may not be likely to hold in the remainder of this century and we may be heading into uncharted ers. It be really be fcial to hear about how you both think about these issues.
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