Japan. Much of Europe. China. All of them with more homes than they can use. I used to wonder what the fall of Rome felt like, or the middle ages in Greece. Now I know, because I've been to rural Japan. A great civilisation living quietly among its own ruins.
You know what's going to be hot property later this century? Not property. Migrants.
AI proponents might tell us that people are devalued, I rather think the opposite. A few big expensive cities will be automatic drawcards (Tokyo, notably, is still very exp... (read more)
We're entering a new era of abundant housing.
Japan. Much of Europe. China. All of them with more homes than they can use. I used to wonder what the fall of Rome felt like, or the middle ages in Greece. Now I know, because I've been to rural Japan. A great civilisation living quietly among its own ruins.
You know what's going to be hot property later this century? Not property. Migrants.
AI proponents might tell us that people are devalued, I rather think the opposite. A few big expensive cities will be automatic drawcards (Tokyo, notably, is still very exp... (read more)