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NAHB CEO warns Manchin-Schumer deal will have negative impact on the housing market

National Organization of Home Builders chief executive officer Jerry Howard evaluates in on 'Varney & Co.'

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Kitco News

Real estate bubble is about to pop, invest here for safety – Scott Rothbort (Pt. 2/2)

Enjoy component 1 of the meeting:

With real estate ending up being a lot more expensive in particular areas, home loan defaults will certainly begin to increase, yet most of the realty downturn will occur in the business end, not for household property, said Scott Rothbort, head of state of LakeView Asset Management.

" There will certainly be a shakeout extra on the business end than there gets on the domestic end," Rothbort told David Lin, anchor for Kitco Information.

0:00 – Real estate boom mores than
4:51 – Business and residential realty
8:57 – Foreign customers of property
13:23 – What to buy today
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