Robert Shiller On US Housing

Robert Shiller, co-creator of the Case-Shiller index, and author of the book Irrational Exuberance which discussed the stock market bubble (released on March 2000 - the month stocks peaked) and Irrational Exuberance Second Edition which discussed the housing bubble (released the summer of 2005 - the peak point in home prices), discusses his current outlook on US housing providing some rationality to the current euphoria.