Although business loans are more likely to be written off as loan losses, macro level studies have found housing loans more destabilizing than corporate loans. (Detken et al 2014, Kalatie & al 2015) According to Claudio Borio, we can measure the credit cycle phenomenon pretty well just by focusing on credit volumes and property prices.
Judging by the results from standard filtering techniques, the credit cycle seems much longer than the ordinary business cycle, possibly about 15 years. If anything, financial cycles are becoming longer and more pronounced.