(NOT the bike kind)
It seems that everything in life has a cycle – both natural and man-made.
The Dow Jones.
The 4 seasons.
The Four Seasons (the hotel business).
Remember the brood X cicada?
It is interesting (and understandable) to note that we are always happy when the real estate cycle goes up, but in distress when the cycle goes down.
Through the eyes of a developer, opportunist and fearless buyer…
If history repeats itself, as is almost always the case, (Albeit it’s in a different way each time) Doesn’t it make sense to be happy when the market cycles down?
And distressed when the market cycles up?
Whatever your view might be.
The market hit bottom last year!