Driving the boom-bust cycle.
Series: Financial Times ; 23 July 1999, 30(1)Publication details: 1999Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3528-26 (Browse shelf(Opens below)) | 1 | Available | 102285-1001 |
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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.