Bloomberg TV

Thursday, July 28, 2005

The Final Countdown

Another day features yet another guest from the housing industry. This time, someone from Tarragon Realty believes that the housing market is strong because of supply and demand. That's great, but if a healthy portion of the demand is from speculators, then how will the binge continue? Already, superheated markets like Las Vegas and the DC area are showing signs of trouble. An endless supply of real-estate boosters can only signal one thing: the lady backstage is getting ready.

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