Miller Samuel CEO Says Credit Conditions Haven't Normalized Since Lehman

The video discusses the economic impact following 9/11, highlighting the beginning of the housing bubble due to monetary actions and policy changes. It examines the housing market's evolution over the past 17 years, focusing on the easing of credit conditions and the subsequent reversal. The current lending environment is analyzed, noting the low mortgage rates and the challenges in risk assessment. The video also explores the influence of foreign investment in urban real estate markets, particularly the rise of the super luxury phenomenon driven by global capital.

What was one of the immediate effects on the housing market following 9/11?

• A complete halt in sales activity

• A surge in property sales

• An increase in mortgage rates

• A decrease in foreign investments

How did lending standards change during the housing bubble?

• They remained the same

• They were unaffected by market conditions

• They became stricter

• They eroded significantly

What is one reason credit conditions have not normalized post-Lehman?

• Low mortgage rates

• High mortgage rates

• Stable lending standards

• Increased foreign investments

What phenomenon has driven the housing market in large urban areas in recent years?

• The decline of the luxury market

• The decrease in foreign investments

• The rise of the super luxury market

• The stabilization of property prices

How has the strong dollar affected foreign investment in real estate?

• Increased foreign investment

• Decreased foreign investment

• No impact on foreign investment

• Led to a rise in property prices