Episode 302: Population Growth
Words & Numbers
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The Housing Market Is a Ponzi Scheme
In the United States, we're used to housing only going up. When people talk about housing, houses is an investment because it's a safe thing. And that's been the case in the U.S. pretty much for the past four or five generations. But if you've got a declining population, you're also going to have a declining demand for housing.
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