Editor’s Introductory Note: This article was written by Brandon Smith and originally published at Birch Gold Group and is re-posted with permission.
Maybe the most prominent economic discussion circulating today is the fear that the vast majority of people have been priced out of housing markets for the rest of their lives, regardless of the country they live. Gen Z and even Gen Alpha teens are already planning for a future in which buying a home is impossible. Those that are buying are aiming for cost efficiency and they are buying alone (prioritizing savings and home ownership over marriage).
This is a subject for another article but it represents a reversal in traditional consumer behavior; a sea change that needs to be examined because it reflects greater underlying social and economic struggles.
This struggle is not only happening in the US; all across the western world from Australia to Canada to most of Europe people are facing the worst home price inflation in decades and they’re scrambling to find ways to adapt.Continue reading“Gold, Debt And The Inevitable Global Housing Market Crash, by Brandon Smith”

