Are there any books that cover the crashes of real estate over the past 100 years or so in great detail?
I have been in the industry long enough to experience a true crash or recession of my product type. Are there any books that in detail cover the crashes of commercial real estate or real estate as a whole nation wide historically?
[{"id": "i6km5e0", "text": "The big short\n\nHouse of debt", "replies": [], "depth": 1}, {"id": "i6km9q2", "text": "Boomerang", "replies": [], "depth": 1}, {"id": "i6l44a4", "text": "I found Boom and bust: A global history of financial bubbles was worth reading.  Doesn't cover exclusively real estate but still covers the principles that can lead to bubbles in lots of different asset types.", "replies": [{"id": "i92n392", "text": "Bubbles are unique. It is highly unusual from a historic perspective to have so many bubbles so close together. Dotcom, housing, and crypto. Also, they are hard to spot. For example, we have a bit of a tech bubble now but it pales in comparison to the Dotcom bubble. \n\nIt will be interesting to see what the future holds.", "replies": [], "depth": 2}], "depth": 1}, {"id": "i6liesf", "text": "[One Hundred Years of Land Values in Chicago, Hoyt (1933)](https://archive.org/details/onehundredyearso00hoytrich), the principles havent changed as much as authors and publishers would claim", "replies": [], "depth": 1}, {"id": "i6lq80t", "text": "The Secret Life of Real Estate and Banking is exactly what you are looking for.", "replies": [], "depth": 1}, {"id": "i6ltnqb", "text": "The internet", "replies": [], "depth": 1}, {"id": "i6m8ouh", "text": "Google \"Economics in One Lesson\" its a free ebook or you can buy it. \n\nThe last three chapters are most relevant. As a whole, it provides you with many insights into how markets work and government policy will influence them. Once you have this understanding, you will be better equipped to understand short term cycles. \n\nAfter that primer, read these two: \n\nRay Dalio -\n\n\"Principles for navigating big debt crises\" \nand \n\"Principals for dealing with the changing world order\"", "replies": [{"id": "i6un7tc", "text": "Is it the one That\u2019s about 100 pages long?", "replies": [{"id": "i6unnmj", "text": "200 pages? Yes. A PDF may be about 100 though.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "i6mo31g", "text": "I recommend start taking notes right now.", "replies": [], "depth": 1}, {"id": "i6n4bqz", "text": "Are we in a bubble now ?", "replies": [], "depth": 1}, {"id": "i6nqh86", "text": "Wait...real estate prices can go down?", "replies": [], "depth": 1}, {"id": "i6o17nw", "text": "Why don\u2019t you pick up the phone and call any of the hundreds of real estate professionals who experienced first hand the real estate economy in the 80\u2019s, the GFC in 90\u2019s, and the Great Recession of 07-09. There\u2019s still tons out there working who have experienced all three. No better people to ask then them. Go find one. I\u2019m sure they\u2019ll be happy to share", "replies": [], "depth": 1}]