1990 Newsweek Cover: The Real Estate BUST
Posted By Barry Ritholtz On September 15, 2010 @ 5:30 am In Contrary Indicators,Real Estate,Really, really bad calls | Comments Disabled
As a follow up to yesterday’s look at Time magazine’s Housing covers [1], Paul Macrae Montgomery of Universal Economics was kind enough to share this report from 1992.
In that research piece, Paul had made mention of an October 1st, 1990 cover story in Newsweek: The Real Estate BUST.
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How well did that cover work out ?
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Pretty well indeed . . .
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/09/1990-newsweek-cover-the-real-estate-bust/
URLs in this post:
[1] Time magazine’s Housing covers: http://www.ritholtz.com/blog/2010/09/a-tale-of-home-prices-told-through-the-cover-pages-of-time-magazine/
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/09/Newsweek-The-RE-Bust-.png
[3] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/09/Homebuilding.png
Click here to print.