Surveillance: Recession Call with Rhame
Bloomberg Surveillance
00:00
The US Housing Market Is Hotter Than Expected
I cover about 50 different housing markets for real estate brokerage Douglas Solomon. I don't see the two markets as sort of a knee-jerk reaction where one instantly changes over the other. New York Metro, that's not happening. It's very vibrant. So it's hard to imagine any kind of sudden move. Unless there's a meaningful economic event like a recession, which has been forecast in six months from now for the last two years. We're sort of stuck at the moment.
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