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August 2013

The Tale of Two Cycles

Dr. Peter Linneman, NAI Global’s Chief Economist, has released his latest white paper, “The Tale of Two Cycles” that includes: 

  • Why every real estate cycle is similar
  • Why in the crashes of the early 1990’s and 2009, there was an abundance of supply for too little demand
  • Why both crashes offer distinctive features and lessons for the future
  • How development booms were fueled by easy money
  • Why, in any crash, there are winners and losers

Click here to view and download “The Tale of Two Cycles.” 

 

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