Monday, December 1, 2008 East Central Illinois

CEO dismisses talk of real estate bubble

By Don Dodson
Sunday, September 11, 2005 2:00 PM CDT

URBANA – If you're harboring any notion of a real estate bubble, Jim Gillespie would like to pop it.

"Bubble" is the term some people use to describe a market in which prices are too high to be sustained. The "tech stock" bubble burst almost five years ago, and some folks fear today's high-flying home prices may presage a real estate bubble.

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