The fact that house prices will always rise is a legend, not a fact. There will always be a day when the bubble will burst, and there will always be a time when the game of drumming and passing flowers will not be passed on. The founder of Oaktree Capital wrote in Cycles
author：Bones said
The fact that house prices will always rise is a legend, not a fact. There will always be a day when the bubble will burst, and there will always be a time when the game of drumming and passing flowers will not be passed on.
The founder of Oaktree Capital mentioned in the book "Cycle" that if converted according to purchasing power, the Canal District of the City of Amsterdam City Gentleman only increased its house prices 1 times after 350 years.
This is the longest observation on record. That is to say, the house can only be regarded as a good tool to fight inflation, it cannot be a good tool for investment, and it is impossible to keep rising.
The fact that house prices will always rise is a legend, not a fact. There will always be a day when the bubble will burst, and there will always be a time when the game of drumming and passing flowers will not be passed on. The founder of Oaktree Capital wrote in Cycles
The fact that house prices will always rise is a legend, not a fact. There will always be a day when the bubble will burst, and there will always be a time when the game of drumming and passing flowers will not be passed on. The founder of Oaktree Capital wrote in Cycles
The fact that house prices will always rise is a legend, not a fact. There will always be a day when the bubble will burst, and there will always be a time when the game of drumming and passing flowers will not be passed on. The founder of Oaktree Capital wrote in Cycles
The U.S. economic growth in the first quarter unexpectedly "upset", core inflation is extremely stubborn, and the risk of "stagflation" is roasting the Fed on the stove at a time when interest rates are high. JPMorgan Chase & Co. Chief Executive Officer
