Economic Cycles and Impact on Real Estate Markets

This chapter explores various economic cycles like the 18.6 year cycle, contrasting with longer cycles related to technology disruptions. It delves into discussions on potential economic crises, challenges in influencing government policies based on cycles, and differences in land valuation methods. Additionally, the chapter covers real estate market cycles in different regions, China's fiscal interventions, tallest building indicators, and the relationship between house rental yields and interest rates in market cycles.