Ken Rosen, chairman of the Fisher Center for Real Estate and Urban Economics, on the local market: “I think that the bubble we have here is really enormous. Prices are up between 60 and 80 percent over the last three years….I do worry that we’re all being fooled by the fact that mortgage rates are so low.”

Source: 
NBC News
Source URL: 
http://www.nbcnews.com/watch/cnbc/a-pricey-san-francisco-housing-market-449407555813
Image: 

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Ken Rosen, chairman of the Fisher Center for Real Estate and Urban Economics, on the local market: “I think that the bubble we have here is really enormous. Prices are up between 60 and 80 percent over the last three years….I do worry that we’re all being fooled by the fact that mortgage rates are so low.”

Source: 
NBC News
Source URL: 
http://www.nbcnews.com/watch/cnbc/a-pricey-san-francisco-housing-market-449407555813
Image: 

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