In the second half of the 18.6-year Real Estate cycle, we see luxury and collectible items at peak sales.
In the late 1960s, we had Troll dolls, just before the 1971 Real Estate crash. In the mid-to-late 1980s, we had the Cabbage Patch Kids and Teddy Ruxpin dolls, just before the 1989 Real Estate crash. In the mid-2000s, the Bratz dolls reached their peak sales, just before the 2008 crash.
Have you heard of Build-a-Bear? You know, the custom-built bears that you can build at the mall. They’re up 7,300% since April 2020. And they’ve partnered with Swarovski to make a luxury bear with multiple diamonds.
Teddy bears came into existence in 1903 with the help of a political cartoon. It illustrated a hunting trip taken by President Teddy Roosevelt when he famously