Real Estate Turbulence: Lessons from the Past

This chapter explores the challenges and experiences in the real estate and mortgage industry during the late 1980s and early 1990s, including the boom and subsequent crash. It emphasizes the importance of strategic investment approaches, prudent valuations, and adapting lending models to changing market conditions. The discussion also highlights current trends in high-rise condo ownership, investor risks, and the complexities of real estate development amidst regulatory hurdles.