Barclays’ Kim Says “Drive Till You Qualify” is Back (Audio)

Stephen Kim, analyst at Barclays Capital Inc, says a growing shortage of land to develop into lots for new homes will persist for six to 18 months, and has brought back "drive till you qualify" as buyers seek more affordable homes further away from key urban areas. Kim talks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."

(Source: Bloomberg)

Running time 16:41

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