Pugh, Cedric; Dehesh, Alireza - In: Property Management 19 (2001) 4, pp. 265-297
Since 1980, property cycles have emerged emphatically as a phenomenon of urban development in both developed and … property sectors, even well past the time when supply exceeds demand and vacancy rates continue to grow. Various intellectuals … have put forward new theories and some situational explanations of the periodic over‐capitalisation in property. The …