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Overview: Mon, May 20

Bies, Susan

Monday, 13 June 2005

I don't see a bubble in the sense that property values over the United States as a whole are at a level that could radically drop in value...there are local markets where it is hard to really believe the underlying demand for housing can sustain the current prices...It's very localized...We're seeing faster property prices going up in leisure locations on the coast and in Las Vegas.

See Also:

Housing Bubble