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Shark Tank's Barbara Corcoran Says Most 'Are Priced Out' of the Housing Market

  • Most people priced out of market, says real estate guru
  • Doesn’t see crash like in 2008 because isn’t ‘false market’
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Barbara Corcoran, founder of The Corcoran Group and executive producer of “Shark Tank,” says most people are priced out of the U.S. housing market and discusses the outlook for business costs. She speaks with Bloomberg’s Tom Keene and Lisa Abramowicz on “Bloomberg Surveillance.” Source: Bloomberg

Barbara Corcoran, the real-estate agent many Americans might dream of having, says home prices are climbing so fast that ordinary people can’t afford one and that’s unfair.

“Most people are priced out of the market,” said the co-founder of her eponymously named venture partnership in an interview on Bloomberg TV’s Surveillance Wednesday. “It just seems unfair to feel like you have to be a pro investor bidding up the prices.”