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Open original source ↗@Fapital3 it might be next 50 years even.
- fertility is collapsing to 0
- population will peak at 10b and will then collapse
- AI / Robotics puts downward pressure on commercial RE the oversupply of which will put some downward pressure on residential RE
- improvements in AI will also correspondingly increase anti-immigration sentiment in the West as Citizens will not want to share what will almost certainly be a limited UBI pool for the permanent underclass. Early signs are being seen already
- more houses can and will be built
- and the final nail in the coffin: if/when Hyperbitcoinization happens, it will mark a *permanent* -30% outflow away from using RealEstate-as-a-StoreOfValue.
Remember: Real Estate being as expensive as it is is only due to Fiat not being a good savings vehicle. If the future Neo-Gold is deflationary, then the Rich won't need to use Real Estate as a Piggy Bank as they do today.
All of this is to say -- If you want to Benefit from all of the above trends -- Buy #SPX6900