Why Hempton doesn’t have a Big Short on house prices any more
Matthew CranstonUnited States correspondent
Exactly five years ago a hedge fund manager and an economist posing as a gay couple toured Sydney investigating whether Australia’s housing market was a bubble. They decided to short it.
Now the hedge fund manager behind that view, Bronte Capital chief investment officer John Hempton, says there is no case for positioning to benefit from a significant fall in house prices. If anything, he expects prices to rise.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Economy
Fetching latest articles