Summary
Phil provides a year-end review of 2023 and previews the shape of 2024, arguing that something big is happening in markets consistent with the real estate cycle bull run heading toward 2026.
Key Claims
- 2023 marked a significant acceleration in the cycle, consistent with the road to the 2026 peak. — confidence: high
- 2024 is shaping up to be another strong year in the cycle. — confidence: high