Dehesh, Alireza; Pugh, Cedric - In: Urban Studies 37 (2000) 13, pp. 2581-2602
Property cycles are varied in terms of their amplitude, their periodicity and the impact they exert on the wider economy. In periods of domestic macroeconomic stability, property cycles tend to be endogenous-i.e. caused by disequilibria in the sector — and they are relatively subdued. In...