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real estate bubble: The first market crash in history was Dutch tulips - Tulipmania
- 09/11/15 12:02 PM
In recent memory, we’ve seen market crashes and bubble bursts revolving around different commodities: stocks, real estate, technology, mortgages, and even the banking system, itself. The fear and panic from a market crash is downright horrifying, shaking the very foundation of our economy and belief in the system to serve the individual.
But has it always been that way? We can look as far back as the Great Depression in the United States as evidence that this phenomenon of an overinflated bubble meeting a sharp pin prick is not new, but was the stock market crash of the 1920s and 30s the … (0 comments)
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real estate bubble: 3 schools of thought on RE: New School, Old School, and Right School.
- 05/17/14 03:21 PM
There are three schools of thinking when it comes to real estate: the Old School, the New School, and the Right School. I’ll explain all three.
Old School:
Much of our financial advice comes from our parents, or parents’ parents, who pass down ultra-conservative, Depression era thinking when it comes to money. Real security came through getting an education and having one good job for life, as was the notion that you should pay down your mortgage and own your home outright as quickly as possible. Often, people kept the same job for life and bought a home with a large down … (1 comments)
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In recent memory, we’ve seen market crashes and bubble bursts revolving around different commodities: stocks, real estate, technology, mortgages, and even the banking system, itself. The fear and panic from a market crash is downright horrifying, shaking the very foundation of our economy and belief in the system to serve the individual.
;)
;)
