Industry NewsOpinion

Real estate’s July report card

Guest perspective: Will housing have a hard or soft landing?
Published on Jul 17, 2006

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by CareyBot

The housing market has had four significant downturns in the last 20 years. The current downturn has been swifter than any of the prior four. The extent of this correction has been similar to the two "soft landings," but we don't seem to have landed yet.

  • 1988-91: The 1988-1991 period was a hard landing, with many companies going out of business ...

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