This chart is mind-blowing.

Black circle: size of population
Yellow circle: market value of the residential real estate market

Hyper-financialization in the US and European real estate market, anyone?
Replying to @MacroAlf
Dear Alfonso,read David Ricardo please! There is nothing surprising about this chart: as the price of "corn" (Ricardo, but take any productive activity) goes up the rents accruing to the land go up since it is the fixed factor.

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