Friday, August 3, 2012

Robert Shiller: New Bubbles Forming In US Housing Markets

Robert Shiller, the co-producer of the Case-Shiller home price index and author of the masterpiece "Irrational Exuberance" released at the peak of the stock market bubble in 2000 (and then re-released to focus on housing at the peak of the housing bubble in 2005), discusses the possibility of new housing bubbles forming in markets such as Phoenix and San Francisco. He feels this is due to the the artificial lending standards created by the Fed and the government. For more on this topic see Case-Shiller: US Home Prices Rising.



1 comment:

  1. New housing bubble? What new housing bubble... (WHOOSH!!!) OH!!! That new housing bubble...

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