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Dr. Linnea McCord Warns That L.A. Housing Bubble May be Close to Bursting


Dr. Linnea McCord, associate professor of Business Law at Pepperdine Graziadio School of Business and Management, warns that the Los Angeles housing market is overheated and that, despite what experts are saying, multiple signs are pointing to painful consequences of mistrusting their counsel as homebuyers did in 2008. She writes, “What remains to be seen is how many Angelenos will be caught off guard again, choosing to trust the opinions of the ‘experts,’ instead of considering readily available data points that suggest serious trouble ahead in the Los Angeles housing market.” Read more  here .