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This quote is just one of 8 total Doug Kass quotes in our collection. Doug Kass is known for saying 'Debt is plentiful and cheap. There's egregious use of leverage. And you have the introduction of a new class of buyers that artificially buoys demand and inflates prices.' as well as some of the following quotes.
In the downturn I foresee, no market will be immune. But New York will weather the decline better than other markets.
The inventory of unsold homes has been building in the past four or five months - which is not surprising, as affordability has gotten stretched and stretched, and creative financing has grown more absurd.
This quote is just one of 8 total Doug Kass quotes in our collection. Doug Kass is known for saying 'Debt is plentiful and cheap. There's egregious use of leverage. And you have the introduction of a new class of buyers that artificially buoys demand and inflates prices.' as well as some of the following quotes.