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  • The explosive price of real estate (nearly 400 percent from 1997 through to a 2007 peak) was facilitated by not only local overaccumulation but by the inflows of surplus global capital, thus contributing to the boom-bust dynamic in the construction trades even as the rest of the economy stagnates or worse. ???The results,??? Harvey writes, ???are indelibly etched on the spatial forms of our cities
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