Market Currents
You can't fight the forces of demographics: In almost every western country, the peak in real...
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Thursday, December 6, 2012, 6:45 PM ETYou can't fight the forces of demographics: In almost every western country, the peak in real estate prices has coincided very closely with the peak in dependency ratios - the proportion of working age population relative to older folks. In other words, it doesn't bode well for a country's standard of living when pensioners start to outnumber workers.
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