Property cycle explained

A property cycle is a sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market.[1] [2] Cyclical patterns are a well-documented and consistent feature of housing markets.[3]

See also

Notes and References

  1. Derksen . J. B. D. . 1940 . Long Cycles in Residential Building: An Explanation . Econometrica . 8 . 2 . 97–116 . 10.2307/1907030 . 0012-9682.
  2. Duca . John V. . Muellbauer . John . Murphy . Anthony . 2021 . What Drives House Price Cycles? International Experience and Policy Issues . Journal of Economic Literature . en . 59 . 3 . 773–864 . 10.1257/jel.20201325 . 0022-0515.
  3. Murphy . Alvin . 2018 . A Dynamic Model of Housing Supply . American Economic Journal: Economic Policy . en . 10 . 4 . 243–267 . 10.1257/pol.20150297 . 1945-7731 . https://web.archive.org/web/20141121134902id_/http://www.public.asu.edu:80/~amurph10/supply.pdf . November 21, 2014.