Why the house-price supercycle is just getting started
Over the coming years housing markets could face all sorts of slings and arrows, from swings in economic growth and interest rates to banking busts. But with the long-term effects of demography, urban economics and infrastructure aligning, in many countries it is plausible that house prices could persistently rise faster than incomes. The world’s biggest asset class is likely to get ever bigger.
Why the house-price supercycle is just getting started
Over the coming years housing markets could face all sorts of slings and arrows, from swings in economic growth and interest rates to banking busts. But with the long-term effects of demography, urban economics and infrastructure aligning, in many countries it is plausible that house prices could persistently rise faster than incomes. The world’s biggest asset class is likely to get ever bigger.