The Thomas Paul Murphy Music Player

"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Tuesday, June 28, 2022

A Real Estate Cycle

 So someone buys a big property and puts a big house on it.

A generation or two later of that family needs money and sells some of the land and smaller houses are put on it.

Then someone with a lot more money buys up that house and three of the others and tears them all down and puts up one big house again.

And meanwhile there is dust everywhere.

© 2022 Thomas Murphy

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