Big-Time Real Estate Dude Says Market is “Bubblicious”
In an article for Bloomberg, Colony Capital founder Tom Barrack says that the housing market is due for a “shock”. Why? Because amateurs are paying too much based on rents that are unsustainable. http://www.bloomberg.com/news/articles/2016-08-15/barrack-says-u-s-real-estate-market-is-getting-bubblicious What do you think? Comment below.