booms and busts
Prosperity then collapse
Booms and busts are the alternating phases of economic expansion and contraction.
A boom brings rapid growth, rising prices, and widespread optimism; a bust brings the opposite—recession, falling values, and unemployment.
The phrase captures the cyclical nature of market economies: The housing market has always been subject to booms and busts.
Also called boom-and-bust cycles.
- mining townSettlement serving ore extraction
- rushQuick sudden movement
- cashReady spending funds
- tulip maniaIrrational asset price craze
- real estate bubbleOverheated property market phenomenon
housing bubble · panic · abandoned mines · historic preservation · frontier justice · territorial expansion · pioneer families · economic cycle · gold rush · worker housing · company towns · speculation · slump · labor strikes · wild west · Manifest Destiny · energy infrastructure · surge
booms and bustssteady growth
Sustained incremental increase
stability · equilibrium · economic stability · steady state · even keel
booms and bustssustainable growth
Continuable long-term expansion
linear progression · organic growth · slow and steady · soft landing
booms and bustslinear growth
Increase at constant rate
organic growth · slow and steady · continuous improvement · stagnation · flatline
boom, booms, boomed, booming, bust, busts, busted, busting, buster