The Oldest Documented Housing Bubble To The Recent U.S. Crash, One Fascinating Fact

Posted by Staff Reporter on Apr 16, 2019 10:50 AM EDT
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(Photo : pexels)

From 1604 to 1810, Amsterdam had three real estate bubbles. House prices doubled or tripled and then fell back to their initial values. Each bubble lasted decades.

Recent research looked at possible explanations for these Amsterdam bubbles, including economic fundamentals like changes in wages, rents and population, but found the top factors were:

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