Business and property cycles Flashcards
1
Q
business cycles
A
recurrent expansions and contractions in economic activity
2
Q
property cycles
A
expansion, hyper-supply, recession & recovery
3
Q
phases of business cycle
A
recovery, expansion, contraction
4
Q
phases of real estate cycle
A
expansion, hypper supply, recession, recovery
5
Q
economic leading indicators
A
predict future economic trends (building permits)
6
Q
economic coincident indicators
A
reflect current economic state
7
Q
economic lagging indicators
A
confirm established economic trends
8
Q
cycle phases
A
trough, expansion, peak, recession
9
Q
investment & development implications
A
timing, risk management, portfolio diversification, financing strategies
