Assuming the graph is a cycle, where does 'return to the mean' meet 'take off' and does 'Stealth Phase' directly follow 'Blow Off Phase'?
I assume we have just passed the 'return to normal' at present, and are heading toward 'fear'.
Oh well, life goes on...
The demand for housing is not down to population increase on it's own, it's down to a changes in society, and who now demands a home and from when. 30 years ago you would live in your family home until you got married, then settled down in your new home. That no longer applies (a generalisation...