For example, multiples were much
higher during the boom years of the late 1990s, a period that coincided with strong growth, despite the fact that real yields were 3 % -4 %, roughly 10 times the post-2008 crisis average.
Not exact matches
Canadians took on a record
high debt load
during the post-recession housing
boom, taking advantage of five
years of ultra-low rates.
I grew up
during the tech
boom of the late 90s, and listening to the commentary as stocks reached new
highs and fortunes were made piqued my 6
year old interest.
As for AREO — well, we're all guilty of excess & delusion
during the
boom years: Like pretty much all funds launched then, prices & potential weren't attractive enough, and leverage was far too
high — a lot of those funds are now gone, but AREO still lives to fight another day.
Median home prices in Dallas stand at $ 233,000, which is 3.9 %
higher than median prices last
year, but still significantly lower than the peak prices seen
during the housing market
boom 10
years ago.
The report says that
during the
boom of the last several
years, the market was characterized by
higher than normal annual unit sales, constrained listings supply, and in many cases, sharp price increases.