A colleague of mine passed this video along in an email today. I thought I would share this most insightful exchange between an antagonistic British hostess and a hedge fund manager who understands economics. He explains how the housing market works at the very first. (Note: The reasons he cites for the market bust are the exact same reasons real estate is such a great investment right now.):
I hope you found this video as enlightening as much as I did.
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