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.”