Condo crazy at the heart of a boom
Monday, July 11, 2005
Get ready to flip those condos!
Ethan Harris, chief economist at Lehman Brothers, says almost anything can cause a real estate bubble to burst. He recalls a Dutch real estate mania that fizzled after a television station aired a story about the boom. Now the CBS news program "60 Minutes" is working on a Miami condo-craze story.
Via csmonitor
An interesting graph at the end of the article. Not directly related to the condo boom, but still interesting...
posted by author @ 9:40 PM,
