David Dodge Discusses the Need to Cool the Housing Market

In Tara Perkins' Globe and Mail article, “Dodge Suggests Feds Should Cool House Market,” David Dodge is interviewed on the status of the housing market and on his predictions on the market's course. Dodge goes on to say, “Whether there's a bubble or not you can only see after the fact… if your house price goes down 10% and you've borrowed 95% of its value, all of a sudden you'd be in hot water.”