Guest commentary: Real estate market ups and downs are a cycle


This week’s Recommended Article:

Guest commentary: Real estate market ups and downs are a cycle

Real estate is having a bit of a moment. It seems long overdue. The 2008 collapse, which devastated not only property values but almost every sector of the economy, still feels fresh, but that was over three presidential terms ago.

The Great Recession is etched in our memories, but it was not the first housing bubble. The conventional wisdom is that real estate tends to go through a regular cycle of appreciation and decline that lasts about 10 years.

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