Sentences with phrase «percent during the bubble»

Had the numbers on all portfolio statements been marked down by 65 percent during the bubble years, many companies providing luxury goods would have been put out of business and many companies providing well - priced goods and services that in a bubble environment failed would instead have thrived.

Not exact matches

Russ Lombardo, a sales consultant based in Cary, North Carolina, was working with a company about a decade ago (during the dot - com bubble) when the company's CEO made an announcement to his employees: «He said there was no reason we couldn't do 70 percent growth for the next two years,» Lombardo recalls.

The couple's interest - only, 100 percent - financed loan was a classic bubble product that became a formula for foreclosure during the housing crash.

Forty percent of homeowners who bought a house during the bubble will regain equity by the end of this year, according to the report, provided prices mirror 2016 movement.

Despite this year's appreciation, approximately 60 percent of housing markets remain below values reached during the bubble years, according to the analysis.

Since mid-1926 it has happened only six percent of the time — and the two most prominent examples were during the 1929 market bubble that ended with «Black Tuesday» and the dot - com bubble of the late 1990s that, as we saw again this year, was dominated by info tech stocks.

During the 2005 - 2006 housing bubble, it took nearly 36 percent of the median income to afford a home, as home prices and mortgage rates were higher.