Tom Barrick the Founder and CEO of Colony Capital was on CNBC today sharing his views on the housing market and how to best play it.
In the first video he talks about the rebound in housing and why he thinks it continues to have room to run - this is basically land development businesses catching up and the high demand pushing land prices higher. He also goes on to say that housing is the best play for the average american because they can vote with their feet.
In the second video he talks about how he thinks the periphery is a good way to play it via mortgage servicing companies, home improvement companies, etc.
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