Housing Market: Investment Boom or Next Bubble?

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During the recent downturn, real estate has been given a lot of the credit for keeping America-s economy afloat. As value drains out of the stock markets and interest rates shrink to near record lows, real estate looks like a better and better investment. Housing prices are sky high and equity is rising, but who know how long it will stay that way. For many, expectations exceed affordability, and sizeable mortgage payments put owners at risk of losing the place they live. Can investing in the American dream turn into a nightmare? We consider whether the real estate boom is actually a bubble ready to burst, with a first time buyer, a building trade economist, the director of the UCLA Anderson Business Forecast, and an authority on socio-economic trends.
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President -lvaro Uribe (in Spanish)

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Warren Olney