Shiller: There Could Be Another Housing Bubble

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By Barry Ritholtz - August 20th, 2009, 12:15PM

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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

7 Responses to “Shiller: There Could Be Another Housing Bubble”

  1. ben22 Says:

    Has that ever happened, two bubbles back to back in the same place/asset class?

  2. Mike in Nola Says:

    Joe Kernan does what he is hired to do: pull some kind of bullish statement out of a guest so they can use it as a headline no matter how tentative the statement is or how reluctant the guest is to state it. Of course, yesterday the CNBC webite trumpeted Shiller’s prediction of another bubbler.

    Shiller was jut too polite to tell him he is an idiot.

  3. JustinTheSkeptic Says:

    The degree in which the financial media is trying to gloss over what is really happening in the economy only suggest to me that things are far worse…far, far, far worse.

  4. dnarby Says:

    Skip to 7:00.

    Thankfully they had an adult there.

  5. wunsacon Says:

    Skipped to 7:00 as suggested and heard “It’s not obvious that people are ready to spend again” and talk about “…animal spirits…”.

    Prof. Shiller is a much smarter man than I. But, I don’t “get” what he’s talking about here. How can you talk about “animal spirits” of people who are broke?

  6. holulu Says:

    First he said that prices in 5 years will be up 4%, and after a while he said that there may be bubble in 5 years.
    What kind of prediction is that? BS.

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    [...] May…. in other words, kind of flat. But in economics, who really knows? The real question: when will prosperity be restored? Leave a [...]

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