Population Growth and House Price Growth

I saw this chart recently and it got me thinking how too often people miss the elephant in the room of population growth. Now correlation is not necessarily causation but there is quite a strong correlation. If we care about rapid house price increases and the resultant social, economic and environmental consequences then we are fools to once again ignore that big, fat old elephant sitting there with us.

Image

pop 222 (2)

source of above chart

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