What are different cycles of real estate business?

[Good-Person]

Each and every kind of industry has its own cycles. So, the real estate industry is also one of them. Real estate industry could have many cycles and I think that it depends a lot of economical conditions of a country and financial positions of people living in a particular country.

 

[Kane]

I don't understand what kind of cycles are you referring to in terms of the real estate business. In my opinion, real estate is an industry that involves a lot of things, from buying and selling properties to renting properties and developing properties. The real estate industry is heavily affected by the recession, inflation, and interest rates.