The real estate doomsday preppers

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The resulting dearth of distressed properties along with hesitant homebuilders has led to a market that is still hallmarked by short supply despite the recent boom, according to Bruce Norris, founder of The Norris Group, a Southern California company that invests in real estate and also trains and lends money to real estate investors. Norris predicted the 2006 housing bubble burst in his report, “The California Crash.”

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