John Burns explains housing cycles
I came across this video and thought it did a good job of explaining the factors involved in creating housing cycles.
Posted: April 9th, 2008 under For Professionals, Housing & Real Estate.
Tags: housing cycle
My Mind on Mortgages
Evan Swanson (NMLS 120856), a mortgage professional and CERTIFIED FINANCIAL PLANNER™ with Mortgage Trust, Inc. (NMLS 3250) in Portland, shares his knowledge, thoughts & advice on mortgage & financially related topics
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Pingback from Mortgage Rate Update » Don’t forget about fiscal literacy
Time August 16, 2008 at 12:31 pm
[...] It is no surprise that a reaction for greater financial regulation has resulted following the third financial collapse in as many decades. In the 1980s the savings and loan crisis forced 747 financial institutions to fail. In the 1990s it was the dot-com bubble that burst wiping out approximately $5,000,000,000,000 ($5 trillion) in market capitalization in only 2 years. Currently, we find ourselves in the largest credit & housing expansion and downturn in US history (the extent of the housing cycle is creatively displayed in this video by John Burns). [...]