Real Estate: The Post-Bubble Bear Market Could Run For Years
These changes are methodically recording the transition from boom to bust, marking the start to what could be another bear market for real estate that could last for a decade or more
By Bob Hoye —— Bio and Archives--December 2, 2022
American Politics, News | Comments | Back To Full Article
A great mania in real estate erupted with the financial bubble and will likely be followed by a lengthy decline. Previous post-bubble contractions have prevailed for some twenty years, with the usual 3 to 4-year business cycle coming and going. The following chart shows the outstanding rally in the S&P Real Estate Sector peaked in late 2021. The decline has been impressive:
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