The Next Big Trade - Nick Halaris Explains Why He’s Still Bullish on the U.S. Housing Market
Real Vision: Finance & Investing
00:00
The Problem of Nimbeism in Real Estate
Ric palasios: "Nimbeism is not new. Nobody wants transfer of real estate value from them to someone who'se developer, whatever" He says people like him have sold their houses in californi and moved to nevada. Palasios: There are a lot of jobs and wage rates that make real estate prices high. In denver, it's hard to get a place; if you wanted to move to cleveland,. no problemov all the real estate in the world for you there.
Play episode from 28:36
Transcript
