Not exact matches
In other words, abstracting from
cyclical downturns, the structural deficit, although initially small, should increase steadily over the
longer term.
However, the age of this bull market does suggest risks are rising, and that to expect it to last much
longer without a
cyclical downturn would be stretching historical probability.
Yes, I'm always enthusiastic about student accommodation — I believe it's more defensive / contra -
cyclical than most other property out there in the event of an economic / property
downturn, and will continue to benefit from the
long term tailwind of helicopter parents & snowflake students who love high quality / custom - built / secure student accommodation!
Not only was he the victim of a
cyclical economic
downturn, but he was also discouraged by
longer - term changes in the practice of law.
The backdrop to that pullback is that the real estate recovery is now getting a bit «
long in the tooth» and is moving closer to a
cyclical downturn, Petrovski notes.