Good reading....Dr. Peter Linneman, NAI’s Chief Economist. The - TopicsExpress

Good reading....Dr. Peter Linneman, NAI’s Chief Economist. The topics covered by this paper, “The Tale of Two Cycles”, include: • Why every real estate cycle is similar yet different. • Why in the crashes of the early 1990s 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. naiglobal/Portals/1/docs/Whitepaper_Tale_of_2_cycles_8_13.pdf

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