Latest Boom-Bust Cycle Stirs Feeling of Deja Vu October 20,2008

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

..."By my count, I've seen eight or nine of these cycles since I first started in the industry in 1961," said Stan Ross, chair of the Lusk Center for Real Estate at USC, who has worked as a real estate accountant and consultant. "Each downturn I've seen has a different cause, which often determines how quickly we get out of it."...