Where In The World A Housing Bubble Might Pop08:04
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A silhouetted view of the skyline in Toronto, Ontario, in 2015. (Jim Watson/AFP/Getty Images)MoreCloseclosemore
A silhouetted view of the skyline in Toronto, Ontario, in 2015. (Jim Watson/AFP/Getty Images)

Toronto tops this year's UBS Wealth Management list as the city with the biggest housing bubble risk. In the U.S., the report found Chicago undervalued, while New York and Boston were considered fair value.

Here & Now's Jeremy Hobson speaks with one of the study's authors, Jonathan Woloshin, about how they ranked the list, how interest rates are helping a housing boom and what real estate prices mean for the broader economy.

This segment aired on October 17, 2017.

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