Prof. Shiller’s Views on the Housing Market

In this Fox Business News interview, Prof. Robert Shiller comments on the current state of the housing market, the impact of the upcoming expiration of the $8,000 home purchase credit, and prospects for a price recovery over the next several years. Prof. Shiller is one of the economists who developed the Case-Shiller home price indices which are often cited in media reports covering housing prices. Read this post for more details.

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