boom-and-bust

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English

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Adjective

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boom-and-bust (comparative more boom-and-bust, superlative most boom-and-bust)

  1. (economics, finance, business) Featuring or characterized by a boom and bust cycle in a market or an economy, in which rapid price increase is followed by falling prices or recession.
    • 1973 October 15, “Boom‐and‐Bust Science”, in The New York Times[1], →ISSN:
      The continued boom‐and‐bust cycles in support of education and research constitute a costly waste of the nation's human resources.
    • 2013 April 6, Matt Olberding, “Waverly business owner renting houses to Disney visitors”, in Lincoln Star Journal[2]:
      Florida was one of the most boom-and-bust states for home prices in the 2000s. The median price of a home in the Orlando area, for example, doubled from around $125,000 in 2002 to around $250,000 in 2006, before dropping just as fast.
    • 2020 January 2, “North demands Johnson delivers on promises”, in Rail, page 15:
      Caplan's concerns include the Williams and Oakervee Reviews, the boom-and-bust culture for rail funding, and the hiatus on major projects.