Just to add dust the smog..how often do you think people move house on aggregate
the answers above .(or that was the number in the not too distant past.
I might add that in New Market Wizards it was
Al Weiss: The Human Chart Encyclopedia
who made much of his consideration of inflationary/disinflationary cycles has acontribuution to his outstanding performance. Whilst this does not exactly reinforce the cycle given in that article it is following along similar lines in it's thoughts as to why stock markets broadly rise and fall.....commodities are inflationary !