we have tracy byrnes, larry shover, jeff cleveland. jeff, what do you think, will china keep holding up? >> they have to, david. david: they don't have to. there are a lot of communist bureaucrats think they should be in charge with their overall plans which frankly haven't worked out too well. >> let me rephrase that david. if you want real growth you have to open economy and economy which has bottom up, rather than top down direction. i think this is perhaps one example of that. you know, consumers want credit. they're going to find it. they're already finding it, david in the shadow banking system which has sprung up in china. we forget, but it is very important right now, online commerce, particularly mobile commerce, it has taken off, exploded the last five years. people need a way to pay for things via internet. credit cards, that is one way to do it. i think that is rather clumsy and cumbersome. and you know maybe there is bigger question, david. is there better way to do online transfers of value. i personally have an idea. dav

cleveland's health line is the top rated brt system in north america. for commuters this is the answer, a revolution. >> i'm actually getting rid of my car. >> reporter: jeff lives and works along the health line corridor. his commute door to door less than 13 minutes. the future of bus rapid transit around the world is to expand the stations deep into the community as societies grapple with efficiently getting more people from "a" to "b" bus routes like this bringing technology to the road represent the future of connected transport. ♪ who's going to do it? who's going to make it happen? discover a new energy source. turn ocean waves into power. design cars that capture their emissions. build bridges that fix themselves. get more clean water to everyone. who's going to take the leap? who's going to write the code? who's going to do it? engineers. that's who. that's what i want to do. be an engineer. ♪ [ male announcer ] join the scientists and engineers of exxonmobil in inspiring america's future engineers. energy lives here. creeping up on you... fight back with relief so smooth... ...it's fast. tums smoothies starts dissolving the instant it touches you

cleveland. liz: akron, gary, indiana, and kansas city as well. >> that's right. david: what we're saying basically, jeffsecond or third tier, face it, detroit is bankrupt. if you go to places with serious economic trouble you can get bargain basement deals if you buy, whereas if you rent you will not get the same deals? >> that's right. what we really see the difference across hese different places, is, if you're not going to stay uite as long as seven years or get more expensive type of mortgage like an fha loan, underrthose conditions, for that kind of person, that is often first-time homebuyers, then it is actually cheaper to rent than to buy in a lot of those california cities but still a lot cheaper to buy than to rent in many parts of theemidwest and south. liz: let's get to where buying a home is a toss-up. how much cheaper is it to buy a home and to rent, and we've got this list here, that begins with honolulu, of course hawaii is very attractive place certainly but you also look t orange county, which in california had a big run-up during the housing market. new york, san francisco, l.a., lots

jeff, that's going to make it very tough for people to get in and out. >> carter, thank you very much. meanwhile several hundred people are out of their homes in cle clevela cleveland, ohio, due to a gas leak. there's fears of an explosion. that evacuation area is a mile wide. a team from texas is expected to arrive this morning to cap that well. >>> president obama updates the nation this afternoon on the battle of ebola, but the administration has faced more tough questions this tuesday about the new cdc guidelines. the cbs news poll out this morning thinks most americans should do more. 80% say americans returning from africa should be quarantined. 27% think they shouldn't be allowed in this country at all. >> 39% of the government is prepared to manage the outbreak. 47% approve of the president's handle thus far. major garrett is at the white house this morning with plans for a major strategy. good morning. >> good morning. the white house says there's certain consent on how to deal with infaekted ebola cases. in reality what ee's striking i not consensus, but confusion. president obama defended less stringent federal ebola protocols for private citizens than f

jeff, but on that side? >> yeah, i think you're right, steve. i'd call her a moderate hawk. >> yes, a moderate hack. >> cleveland, your home state -- she's in a badnality. >> frowns. >> you write that down because you never heard of the person before. >> before you go, if you guessed when they raise rates, it's data dependent, but last i saw, steve, july when most people guessed? >> fed survey is jaw 20 -- july 2015. >> i stick with june. the debate's gone from being june and march, i think to between june and september. like the committee, i'm going to hold my fire for a bit and see how the dust settles in terms of global economic developments, in terms of global market developments, between june and september. >> before we go, i know we got to go, but you did not respond to the fed survey for that. >> i apologize, steve. >> what's the probability of another round of kwaup at a timive easing in the next year and two years? what's the answers? i need numbers. >> numbers, look, somewhere in the region of 10 to 20%. >> 18 % was the average. >> there you go. i'm not way out of the ballpark. there's a high hurdle getting back to qe. >> i agree. >> at