Hedge Funds Dump Housing | John Burns Real Estate Consulting

Hedge Funds Dump Housing

John Burns discusses hedge fund bets on the housing market on Fox Business News.  Here are a few of his quotes:

“This isn’t an investment for everybody.  Some groups aren’t willing to bet on home price appreciation.”

 “My personal view is that we have a lot of home price appreciation going on, and if the Fed keeps rates where they are, we are going to see a lot more.”

 “It is such an almost obvious bet at this point that everybody is piling in.  We are seeing flippers in the market.”

“3.5%-4.0% interest rates will cause rising prices everywhere.”

Watch the video.