Surveillance: Fed Cuts with Ausenbaugh
Bloomberg Surveillance
00:00
The Resilience of the US Housing Market
Regina Mayor of KPMG talks about the UK housing market and how much prices have declined. Jonathan Miller is president and CEO of Miller Samuel, who has an overview of US housing markets at a time where it has befuddled pretty much everyone. Regina: People are wedded to their low rates because rates were probably kept too low for too long. In other words, they're not going to move.
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