Bloomberg TV 12-3-19: Super Luxury Oversupply
Miller Samuel
DECEMBER 4, 2019
I got to speak with Lisa Abramowicz on her Bloomberg TV show " Money Undercover " yesterday. She is a great follow on Twitter. Best of all, I sat in a comfy chair. Lisa mentioned the topic of "inventory loans" that developers are relying heavily on to limp to the next upcycle with lots of unsold inventory. Hedge funds have dived headfirst into this space, even developers who are in good financial state are lending money on unsold condo inventory.
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