Robert Shiller, Yale economics professor, says sooner or later another housing bubble is inevitable. According to professor Shiller we have developed at this point a very speculative attitude toward housing, and we tend to view it as a speculative asset. Shiller also says another stimulus package is needed.
A Potential Second Housing Bubble Could Be Looming, Shiller
By editor Jul 15, 2009, 4:38 PM Author's Website
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