Wow. The recent version of GMO’s Insight’s are quite amazing. GMO is run by legendary investor Jeremy Grantham, and his latest insights on the real estate markets in China and the U.S. are definitely worth a read. He goes over the major underlying factors that determine housing prices, and also provides an analysis on the current housing situations in these two countries. I downloaded the document for you, so enjoy reading!
So do you agree with his view on the real estate markets?