by Jason Burack of Wall St For Main St
“The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function.” – F. Scott Fitzgerald, “The Crack-Up” (1936)
How long can both of these 2 conflicting truths about real estate be true? How long is this sustainable for?
Perfect example of the Cantillon Effect and the crazy distortions that it can create!
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