For years, the price of real estate kept rising, leading people to believe that the boom-bust cycle no longer applied. Prospective buyers would drop a pretty premium on their dream home, only to see valuations rise the following year. Inspired by the...
In recent articles for Crush The Street, I’ve explored rising real-estate prices, and their sustainability. Typically, the commonplace and somewhat predictable boom-bust cycle determines that excessive exuberance towards any financially-related sector results in a...