[barry-cotter]

If your model of the property market is correct then you should be able to reliably make enormous amounts of money by investing in real estate investment trusts with exposure to the appropriate property markets or construction or construction materials companies that are publicly traded.

There’s nothing special about private equity that gives it better access to markets like property.

“We’ll just out-build these prices” is the equivalent of “Charge more” when the problem is that you, a consultant, are too busy. If you keep doing it for long enough the problem goes away. Tokyo has grown by 1.5m people since 2001. House prices and rent have been basically flat throughout. Have the metropolitan areas you’re talking about added about 100,000 people a year for almost two decades?