This weekend, in between cleaning my garage and taking my family to the Met (150 year old graffiti on the 2000 year old Temple of Dendur was a fav), I was called by the BBC to give my views on housing. They selected experts from leading economies in Europe, Asia and Latin America to provide their views and wanted perspective on the linkage to the US and it’s housing troubles. Pricing slipping, mortgage costs rising…
For the record, its all about credit.
Here’s the BBC broadcast (6:28).
Tags: Europe, Television, Radio
Great clip! Very insightful. Credit and mortgage bubble rather than a housing bubble.