NYC vs. San Francisco: Cost of Housing Rapidly Rising

San Francisco, like New York City, benefits from strong housing demand and limited new supply. The impact of that demand on apartment landlords largely depends on the affordability difference between for-sale and for-rent housing. New York apartment rents and prices remain higher than San Francisco, yet the West Coast market is gaining ground as rents and sales prices are growing faster there. Bloomberg Intelligence's Jeffrey Langbaum has more on "Bloomberg Markets." (Source: Bloomberg)

Oil Search's Botten Says Balance Sheet Is Really Strong
31:47 - Oil Search Managing Director Peter Botten discusses the company's performance and earnings, and talks about the energy market. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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