effenheimer_IHB
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What's the earliest housing bubble in recorded history?
Earliest Housing Bubble
- Thread starter effenheimer_IHB
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lawyerliz_IHB
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I think I've posted this before, but there was a fashionable street that all the tulip billionaires lusted to live on. They bid up the prices so high that only recently--271 years later, I believe, did the prices reach the heights reached in the tulip craze. So much for price recovery!! And that was inflation adjusted.
There was some awfully pricey real estate in ancient Rome, but I don't recall reading about any bubbles. Of course they used gold and silver as currency, debased or not depending on how good the latest emperor was.
There was some awfully pricey real estate in ancient Rome, but I don't recall reading about any bubbles. Of course they used gold and silver as currency, debased or not depending on how good the latest emperor was.
jcaraway_IHB
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This isn't a pre-recorded history factoid, but I think some there some master planned communities/cities in Orange County that were planned or incorporated and eventually failed and disappeared. Saw'r it on the KOCE.