Miller Samuel CEO Says Credit Conditions Haven't Normalized Since Lehman

The video discusses the economic impact following 9/11, highlighting the beginning of the housing bubble due to monetary actions and policy changes. It examines the housing market's evolution over the past 17 years, focusing on the easing of credit conditions and the subsequent reversal. The current lending environment is analyzed, noting the low mortgage rates and the challenges in risk assessment. The video also explores the influence of foreign investment in urban real estate markets, particularly the rise of the super luxury phenomenon driven by global capital.

What are the implications of the current mortgage rates on the housing market?

In what ways has foreign investment impacted the housing market in urban areas?