Industry NewsNews Brief

1997 or 2002

From Curbed.com blog
Published on Nov 17, 2009

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by CareyBot

When did the housing bubble start?

One economist claims "most" analysts agree on 1997, a year in which house prices began moving sharply upward, buoyed by the government pushing homeownership more. Another says actually few people think it was 1997 -- the actual year should be 2002, when the dot-com bustees landed on real estate as the latest and greatest bubble of choice.

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