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In Depth (Through the Roof) #791622

NBC Evening News for Tuesday, May 31, 2005
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(Studio: Brian Williams) Special series on real estate introduced.

(Leonia, New Jersey, & New York: Anne Thompson) Worry that the hot housing market is a bubble about to burst examined. [Real estate investor Ada de VARONA††- comments on “flipping,” buying houses to sell at a quick profit.] [“Irrational Exuberance” author Robert SHILLER†- likens this housing bubble to the dot-com bubble of the 1990s.] [Economy.com Mark ZANDI†- comments on payment shock from rising mortgage rates if the market slows.]

(Studio: Brian Williams) Tomorrow’s segment previewed.

Reporter(s):
Williams, Brian;
Thompson, Anne
Duration:
00:02:50

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