|
Housing Pain To Continue?
2008-04-23 17:18:00 Even though there?s more talk of a bottom in the U.S. housing market these days, I?m still not sold. I just haven?t seen any evidence out there which indicates a turnaround. However, I?m not the only one that sees further deterioration in the residential real estate market. Diana Olick, CNBC?s real estate ...
Robert Shiller, laying it down, telling you how it's gonna be.
2008-02-07 09:55:00 A "historic housing bust" the likes of which haven't been seen since the Great Depression.Any questions?
By: Housing PANIC
Robert Shiller: Historic Housing Correction, Severe Recession On Tap
2008-02-03 03:12:00 Robert Shiller on Bloomberg - 1/29/07http://www.youtube.com/w-atch?v=z-on2j12c84 New York City Housing Bubble - The BIG Picture
Yale Economics Professor Robert Shiller - "We are talking trillions of doll
2008-01-03 16:39:00 Unlike the jokers at Harvard and the NAR, here's someone who gets it. Thank god for bubble-busters like Shiller, Schiff, Thornberg, Roubini and Roach. I'll take the intellectual firepower and morals there any day over corrupt bubble-cheerleaders like Lereah, Yun, Bernanke and Retsinas.?American real estate values have already lost around $1 trillion [£503 billion]. That could easily increase threefold over the next few years. This is a much bigger issue than sub-prime. We are talking trillions of dollars? worth of losses.??Over the next five years, the futures contracts are pointing to losses of around 35 per cent in some areas, such as Florida, California and Las Vegas. There is a good chance that this housing recession will go on for years.??This is a classic bubble scenario. A few years ago house prices got very high, pushed up because of investor expectations. Americans have fuelled the myth that prices would never fall, that values could only go up. People believed the story....
By: Housing PANIC
Robert Shiller Calls for Bold Thinking on Housing
2007-11-30 19:19:00 Robert Shiller wrote in a recent article for the NY Times, “WE have to consider the possibility that the housing price downturn will eventually be as big as that of the last truly big decline, from 1925 to 1933, when prices fell by a total of 30 percent. This crisis should be an occasion for ...
Robert Shiller warns that asset bubbles are risk to global economy
2007-11-18 04:08:00 From AME InfoRobert Shiller, Stanley B Resor Professor of Economics, Yale University, warned that possible speculative bubbles in stock, real estate and oil markets could cause instability in the global economy.'Perhaps we have gotten a little too confident in the global economic growth. The problem is high oil, stock and real estate prices. There is a question about whether all this can be explained by low interest rates. This is a question that I can't authoritatively answer. But I believe that a substantial part is speculative bubble thinking. We have gotten too confident of the prices in these markets.''The unwinding of these markets is the most serious risk facing these markets today,' he said.In explaining his comments, he suggested that high oil prices are a concern for the world economy, since prices are at all-time or near all-time highs. He noted that although oil may play a smaller part of the global economy, this diminished impact is overstated, and so high oil pric...
Robert Shiller: ?We have a housing crisis developing?
2007-09-05 10:32:00 I have often written and talked about the US housing situation being the Achilles heel of the US economic outlook. This article features a video clip of an interview with Prof Robert Shiller, economist of Yale University and of Case-Shiller Home Price Index fame, warning of a significant US recession risk if house prices drop more. As stated before, the unwinding of the US housing situation has some way to go before the system rids itself fully of all the excesses accumulated during the multi-year upswing.
Robert Shiller
2007-09-04 01:02:00 Robert Shiller is a Yale economics professor and author of the book ?Irrational Exuberance? which predicted the end of the 1990?s stock market bubble. Interestingly, ?Irrational Exuberance? hit the bookstores in March 2000 at the same time the NASDAQ dot-com bust began. My guess is that Shiller doesn?t get invited to a lot of parties. My ...
WSJ Video Interview of Robert Shiller
2007-08-18 16:25:00 Early this morning Doomer G e-mailed us this very meaty Page One story [1] from the Wall Street Journal. It included the following fascinating 6 minute interview with Yale economist Robert Shiller. Let’s hope the WSJ’s video embed is better behaved than yesterday’s infomercial
By: HousingDoom
|
|
 |
|
 |
