Housing industry getting hit by ‘perfect storm,’ billionaire real estate developer warns

by | May 1, 2022 | 0 comments

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“We’re in the middle of a real estate boom like we haven’t seen in the past,” Bloom told “Cavuto: Coast to Coast.”

He said several different factors impact homebuilding in the red-hot housing market – from supply chain interruptions to low-interest rates and the “foreclosure moratorium” during the pandemic.

 

 

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