Wednesday, March 13, 2013

Video: Real Estate "Frenzy" in California

Central bank policies have been fueling a mania on a vast category of asset prices worldwide.

The following video reveals signs of a growing real estate frenzy in California (source: Calculated Risk). 

Note of the term used by the video anchor "bidding war", "it's a frenzy, "psychedelic" and "people want to know how hot it is".

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