US real estate market will be ‘very ugly’ next year, Howard Lutnick warns

The CEO of a major financial services company has warned of a “very ugly” property market over the next two years. Cantor Fitzgerald CEO Howard Lutnick speaks with FOX Business host Maria Bartiromo at the World Economic Forum in Davos, Switzerland, and says a “generational change” is on the horizon. and warned of large-scale defaults […]