The Bloody History of Rate Cycles

And how they've driven every major real estate boom and bust

Every real estate boom feels like it will last forever, and every bust feels like the end of the world.

But if you zoom out, nearly every cycle follows the same pattern—driven by one factor more than anything else: interest rates.

Cheap debt fuels buying frenzies. Expensive debt kills them.

History doesn’t just suggest this - it proves it. Let’s take a wal…