Follow
____________________________
Daily Archives: June 4, 2019
Repeating behaviors in real estate boom/bust cycles
In explaining why highly levered, speculative cycles are so damaging to balance sheets and financial stability, I often reference the reality that when asset bubbles burst, prices drop and debt level rise, evaporating net worth rapidly and intensifying selling pressure. … Continue reading
Posted in Main Page
Comments Off on Repeating behaviors in real estate boom/bust cycles
;
