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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
LIZ CLAMAN, CNBC ANCHOR: On October 22nd, I don`t know if you`ve heard about this, there`s an event in New York City that`s being heavily promoted. It`s called the Real Estate Wealth Expo, which promises one weekend can make you a millionaire. Donald Trump, Tony Robbins, Barbara Corcoran, big real estate people speaking. Strangely reminiscent, is it not, of the how to day trade and make a million expos back in 2000? So we`re wondering is this a sign that maybe housing market is about to peak? Joining us now live form New York, Christopher Mayer, housing economist at Columbia University`s business school, he says yes. And Ellen Bitton, CEO of Park Avenue Mortgage Group. She says no, there`s still room to go and grow.
Welcome to you both.
ELLEN BITTON, CEO, PARK AVENUE MORTGAGE GROUP: Thank you.
CHRISTOPHER MAYER, HOUSING ECONOMIST, COLUMBIA UNIVERSITY: Hi Ellen, hi Liz.
CLAMAN: OK, so we got this housing starts number up, what...
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