Driving the boom-bust cycle.
Driving the boom-bust cycle.
- 1999
- Financial Times 23 July 1999, 30(1) .
Discusses a study looking at the causes of property boom cycles which cites five factors: over-optimism; the ability to finance excessively through debt; an inability to imagine disaster; a lack of data and good quality analysis; and too many incentives for risk taking.
PROPERTY CYCLES
PROPERTY INVESTMENT
Discusses a study looking at the causes of property boom cycles which cites five factors: over-optimism; the ability to finance excessively through debt; an inability to imagine disaster; a lack of data and good quality analysis; and too many incentives for risk taking.
PROPERTY CYCLES
PROPERTY INVESTMENT