Jason observes that due to the worldwide increase in wealth over the past several decades, there is now a shortage of high quality assets. This was foreseen decades ago by the infamous Michael Milken. Now where is this shortage as pronounced as in US high quality single family housing. That's why the prices keep shooting up, until they eventually come down again. 

Direct download: Jason_Hartman_17.Oct.17.mp3
Category:general -- posted at: 2:27pm EDT



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