Urban housing markets globally have grown way too expensive

[Harman N.]

Interesting read that aligns with the multi-generational trend of urbanization:

• "By 2100, academics estimate, 80% to 90% of the population will live in cities."
• "investors can be foreign as well as domestic. That means that “house prices in the cities thus not only reflect the local factors such as supply constraints, regulations and zoning, but also global trends.”"