National Housing Forum

[Peace]

This was an interesting panel discussion:

*** National Housing Forum – Afternoon Session
Rep. Michael Oxley (R-OH), Financial Services Cmte. Chair, discusses housing costs during the Office of Thrift Supervision’s Nat’l. Housing Forum. Throughout the afternoon, watch panel discussions on the challenges & risks in the home mortgage business, consumer protection and other topics.
12/11/2006: WASHINGTON, DC: ***

You can find it on C-Span

http://tinyurl.com/68g2w

or

http://www.c-span.org/VideoArchives.asp?CatCodePairs=,&ArchiveDays=100&Page=3

Barney Frank has a funny part where he explains that this is not a housing bubble because a bubble is “exuberant irrationality” whereas this housing market is “irrational exuberance” – anyway, you hardcore market watchers should watch this panel.

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