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Real Estate Investing After the Fall

In: Real Estate Investment

Author

Listed:
  • G. Jason Goddard

    (Wells Fargo)

  • Bill Marcum

    (Wake Forest University)

Abstract

The topic of real estate investing has made worldwide headlines in recent years in both good and bad ways. During the economic expansion years from 2002 to 2007, real estate investment received much good press from everyone from government officials encouraging real estate ownership, to central banks encouraging bank lending via low interest rates, to various financial institutions offering ever more risky loan options, to investors who were seeking as much of a loan as they could possibly obtain while interest rates were low and while lending appetite was strong. We like to call this period of time the Yes Era of commercial and investment banking. Everyone was a winner, everyone got a trophy, and everyone it seems, got a loan.

Suggested Citation

  • G. Jason Goddard & Bill Marcum, 2012. "Real Estate Investing After the Fall," Springer Texts in Business and Economics, in: Real Estate Investment, chapter 1, pages 1-24, Springer.
    • Handle: RePEc:spr:sptchp:978-3-642-23527-6_1
    DOI: 10.1007/978-3-642-23527-6_1
    as

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