by Summary:
Real estate -- particularly residential real estate -- is an extremely important factor when discussing recessions in the modern era. To a certain extent, real estate is where economic theory goes to die. One possibility is that the theory was largely developed when the norms in real estate investment were conservative, so attention was moved to the industrial sector. However, the herd tendencies in the housing market may now overwhelm the industrial cycle. (This article is a set of notes about the housing market. I started laying out my book on recessions, and I realised the need for a chapter on housing investment. I want to lay out some of the ideas that I mulled over while I was losing in a curling tournament down in the United States. The article is somewhat long on assertions, and
Topics:
Mike Norman considers the following as important: business cycle, financial cycle, housing market
This could be interesting, too:
Real estate -- particularly residential real estate -- is an extremely important factor when discussing recessions in the modern era. To a certain extent, real estate is where economic theory goes to die. One possibility is that the theory was largely developed when the norms in real estate investment were conservative, so attention was moved to the industrial sector. However, the herd tendencies in the housing market may now overwhelm the industrial cycle. (This article is a set of notes about the housing market. I started laying out my book on recessions, and I realised the need for a chapter on housing investment. I want to lay out some of the ideas that I mulled over while I was losing in a curling tournament down in the United States. The article is somewhat long on assertions, and
Topics:
Mike Norman considers the following as important: business cycle, financial cycle, housing market
This could be interesting, too:
NewDealdemocrat writes Existing home sales try to find a bottom, while severe bifurcation with new home market continues
NewDealdemocrat writes House prices on track to go negative YoY by summer, despite monthly increase in February
NewDealdemocrat writes The housing market’s downward turn begins
NewDealdemocrat writes While house price gains continue to go nuts, housing remains much more affordable than at the peak of the bubble
Real estate -- particularly residential real estate -- is an extremely important factor when discussing recessions in the modern era. To a certain extent, real estate is where economic theory goes to die. One possibility is that the theory was largely developed when the norms in real estate investment were conservative, so attention was moved to the industrial sector. However, the herd tendencies in the housing market may now overwhelm the industrial cycle.
(This article is a set of notes about the housing market. I started laying out my book on recessions, and I realised the need for a chapter on housing investment. I want to lay out some of the ideas that I mulled over while I was losing in a curling tournament down in the United States. The article is somewhat long on assertions, and missing the research to back up those statements. I will be filling the details as I turn to that chapter.)...Bond Economics
Real Estate And The Cycle
Brian Romanchuk