Housing Concerns Around the World
Bloomberg Businessweek
00:00
The Rise of Speculative Housing Starts
Bloomberg News economics editor Molly Smith and reporter Simone Foxman join us in the interactive Broker's studio to talk about this week's housing data. "I think there's a real estate concern that made me wonder whether these housing starts aren't a little bit too speculative," says analyst Matt Barlett. But if you look at the share prices of the home builders, they're doing incredibly well, so I guess investors aren't worried, he adds. 'If it did, that'd be really positive for TV'
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