Your English writing platform
Discover LudwigExact(5)
But the boom quickly ended, and bicycle sales plummeted, which resulted in numerous bankruptcies and much lower bicycle prices.
When the bubble burst, the banks were bailed out, while speculators and uncreditworthy borrowers — whom lenders had aggressively pursued during the boom — quickly began to lose their properties.
With the cost of borrowing — mortgage rates, in particular — at historic lows, a speculative real-estate boom quickly developed that was much bigger, in terms of over-all valuation, than the previous bubble in technology stocks.
But supervision and credit-rating turned out to be inadequate, so the credit-card boom quickly turned to bust.Nonetheless, there are some tentative signs of an upturn in domestic demand.
With the cost of borrowing mortgage rates, in particular at historic lows, a speculative real-estate boom quickly developed that was much bigger, in terms of over-all valuation, than the previous bubble in technology stocks.
Similar(55)
Some surely are, but the labour market obviously isn't clearing at current wages.My own hypothesis, which I've detailed elsewhere, is that the Bay area's tight housing market means that booms quickly translate into rising housing costs, which hold down real wage gains.
Second, if the resource sector booms quickly, it draws capital and labor away from the agricultural and manufacturing sectors (Ross 1999).
The boom was quickly followed by the bust in the second half of 2000.
The boom days quickly ended in 1911 with floodwaters in the mines, labour strikes, and low silver prices.
Many Mexicans who had found work in building and landscaping during the boom years quickly lost their jobs.
E-Commerce Report; Will bricks-and-mortar merchants grow complacent now that the dot-com boom is quickly fading away?
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com