The Impending Real Estate Crash: Fact or Fiction?

  • October 20, 1980
  • • Written by: James R. Webb Richard J. Curcio

Fall/Winter 1980, Vol 5, No 2

Abstract: The three major schools of thought behind recent predictions of a “crash” in single-family house prices are examined in detail and found to be erroneous in numerous aspects. Doomsayers’ constant cries of “wolf” may make good reading but constitute a disservice to millions of homeowners who cannot easily refute their pessimistic predictions. House prices, this study predicts, will continue to rise in the future.