Buffett warns on real-estate bubble

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Jun 24, 2005
Asked if he thought there are imbalances in the real-estate market and whether that could be dangerous, Buffett said "I think the answer is probably."


Lending practices, low interest rates and herd mentality are "coming together in the real-estate market in a way that would lead me to believe that -- certainly at the high end -- people who buy houses today may have some periods when they regret it," Buffett added.

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