Property Cycle Phases
The property cycle follows a predictable pattern as sure as night follows day. This pattern reveals three distinct phases being Boom followed by Slump followed by Recovery before the next Boom commences etc. The property cycle (unimpeded) will always follows this pattern so a Boom cannot precede another Boom without first experiencing a Slump followed by a Recovery before the next Boom can arrive. The property cycle must have a 'free market' where property ownership is attainable by citizens without, significant government restrictions on ownership or, any form of monopoly.
The following is an overview only of some of the elements evident in each of the property cycles phases.
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Famous quotes containing the words property, cycle and/or phases:
“No man is by nature the property of another. The defendant is, therefore, by nature free.”
—Samuel Johnson (1709–1784)
“The lifelong process of caregiving, is the ultimate link between caregivers of all ages. You and I are not just in a phase we will outgrow. This is life—birth, death, and everything in between.... The care continuum is the cycle of life turning full circle in each of our lives. And what we learn when we spoon-feed our babies will echo in our ears as we feed our parents. The point is not to be done. The point is to be ready to do again.”
—Paula C. Lowe (20th century)
“But parents can be understanding and accept the more difficult stages as necessary times of growth for the child. Parents can appreciate the fact that these phases are not easy for the child to live through either; rapid growth times are hard on a child. Perhaps it’s a small comfort to know that the harder-to-live-with stages do alternate with the calmer times,so parents can count on getting periodic breaks.”
—Saf Lerman (20th century)