The Rent Beneath the Rubble: How the War on Iran Could Detonate the Global Economy
What bombs and house prices have in common — and why nobody in power wants you to understand the connection The bombs were still falling when the question came in. On the first night of the American strikes against Iran, a viewer asked something that cut straight through the noise: will this finally be the event that crashes our economy and sends house prices into the dirt? It is, at first glance, the sort of question that sounds crass, war erupting, and here we are fretting about property values. But that instinct to connect geopolitical violence to economic consequence is not crass at all. It is, in fact, exactly the right instinct. The trouble is that most people asking it are not going far enough. House prices are not really the point. They never were. The Wrong Measure for the Right Question To understand why the Iran strikes matter economically, you first need to disentangle yourself from the language we have been trained to use. For the past several decades, house prices h...