This week we’re delving into one of the invisible forces that guides the property market: supply and demand.
It’s not the only force that operates on property (we’ll be looking at some of the others in the coming weeks), but over the long-term it’s one of the most important. We discuss:
Not one but two resources this week, both relating to our main topic.
The first is David Smith’s book Free Lunch, which is subtitled “easily digestible economics”. It’s a great primer if you want to get to grips with the fundamental concepts that make the economy tick.
And if you learn better with video, the Khan Academy series on Microeconomics is another easy way of understanding the same topics.
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