The book provides an in-depth analysis of property market dynamics, challenging the notion that urban growth is a prerequisite for real estate booms. Rachel Weber explores the phenomenon of overbuilding, particularly during Chicago's "Millennial Boom," highlighting how financial incentives and easy access to capital can lead to speculative bubbles, even in declining cities. By examining the complex interplay between local and global forces, she reveals how these trends impact urban development and the broader socio-economic landscape.
