boom-and-bust

See also: boom and bust and boom or bust

English

Adjective

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.