Barrack Says U.S. Real Estate Market Is Getting ‘Bubblicious’

http://www.msn.com/en-us/money/realestate/barrack-says-us-real-estate-market-is-getting-‘bubblicious’/ar-BBvEJRf

This is only one perspective of course, but as an investor you have to be cautious with investments.

Real estate investors could be in for a shock if interest rates rise or demand in some markets continues to fall because “amateurs” are plowing money in at high prices, betting on rent increases that may not continue, said Tom Barrack, the billionaire chairman of Colony Capital Inc.

“It looks a little bubblicious,” Barrack said of the real estate market. “We’re printing money. More debt is available. But amateurs are playing in it.”