There have been at least two ‘bubbles’ that burst since we bought our first home in 1982. It’s called a real estate cycle, and it happens every 10 years or so.
This one is very different from those.
There have been at least two ‘bubbles’ that burst since we bought our first home in 1982. It’s called a real estate cycle, and it happens every 10 years or so.
There have been at least two ‘bubbles’ that burst since we bought our first home in 1982. It’s called a real estate cycle, and it happens every 10 years or so.
This one is very different from those.
Home prices don’t far outpace incomes and rents in a normal cycle. That is a “bubble”, almost by definition. I would say we had two housing bubbles since 1982, and easy money caused both of them.