The Land Cycle and the 100-Year Cycle - 2029 and the Dates you Can’t Ignore...
- Catherine Cashmore
- Sep 27
- 61 min read
The stock market crash of October 1907 was known as the Panic of 1907 or the Knickerbocker Crisis.
It struck suddenly but it was not out of the blue.
It came almost exactly 18 years after the 1889/90 downturn, when speculation in land and railroads peaked in the United States, the Baring Crisis shook London, and Australia entered its deep 1890s depression.
It also came 7 years after the mid-land cycle Panic of 1901, triggered by a battle for control of the Northern Pacific Railroad, that briefly sent stock prices into chaos.
The 1901 Mid-Cycle Panic leading to the 1907 crash.....
The 1901 episode was the classic mid-cycle correction too!
A sharp but temporary disruption that cleared the way for another 6 years of rising land values and credit expansion.
The cycle then ran to its full peak with the crash of 1907, right on schedule.
In the run-up to 1907, the land market was booming.
Urban land values surged, especially in New York, where new subways, elevated railways, and bridges fuelled speculation in lots and development sites.
Railroad expansion added to the fever, driving up prices for land along new routes.
Trust companies – operating with little regulation – poured credit into property deals and construction.
Overbuilding was evident - building permits in New York more than doubled between 1900 and 1906, and vacant lots were bid up well ahead of demand. The financial system had become deeply tied to inflated land values.
This speculative fever didn’t just push up land prices – it consequently demanded new ways to squeeze more value out of every square metre.
The result was a race skyward. Developers and corporations built taller and taller to capitalise on expensive plots.
The World's Tallest Timing the 1907/8 top..
Want to read more?
Subscribe to landcycleinvestor.com to keep reading this exclusive post.
