Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of t…
Annotation
This work identifies an 18-year property cycle, recurring with remarkable regularity and similarity over the last 200 years, in different countries under different political, economic and cultural conditions.
This work identifies an 18-year property cycle, recurring with remarkable regularity and similarity over the last 200 years, in different countries under different political, economic and cultural conditions.
Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of t…