đź“š View in PSE Archive
Summary
Welcome to edition three of the Boom Bust Bulletin. To recap from previous issues, we looked at the history behind the 18.6-year Real Estate Cycle. Both from a US perspective as well as the United Kingdom (UK). We also broke down the specific segments within the cycle (14 years in total up, 4 years down). Finally, we examined the role bank credit plays over both segments too. For this mo…
Key Claims
- (Claims to be extracted on detailed review)
Notable Quotes
“Stock markets recover first and are always on their way up as real estate stays in the doldrums at the cycle low point.”
“So the next time you read or hear an article suggesting this virus is the “End of days”, that nothing will be the same again, that first world economies will never fully recover etc., place your confidence in history.”
“I still remember how many “almost millionaires” I encountered during BBQs I was invited to back in 2005.”
“But you must read that in conjunction with the real estate timing.”