We are pleased to release a white paper authored by Dr. Peter Linneman, NAI’s Chief Economist.  The topics covered by this paper, “The Tale of Two Cycles”,  include:
·         Why every real estate cycle is similar yet different.
·         Why in the crashes of the early 1990s and 2009, there was an abundance of supply for too little demand.
·         Why both crashes offer distinctive features and lessons for the future. 
·         How development booms were fueled by easy money.
·         Why, in any crash, there are winners and losers.
Please CLICK HERE to view and download Dr. Linneman’s recent white paper, “The Tale of Two Cycles.”