Shiller: House Prices Still Way Too High

kom526

kom526

They call me ... Sarcasmo
What makes him the authority on house prices?

(Not being argumentative, just wondering about his qualifications)
 
somdrenter

somdrenter

Sorry, I'm not Patch...
kom526 said:
What makes him the authority on house prices?

(Not being argumentative, just wondering about his qualifications)
Click to expand...
Robert James "Bob" Shiller (born March 29, 1946[1]) is an American economist, academic, and best-selling author. He currently serves as the Arthur M. Okun Professor of Economics at Yale University and is a Fellow at the Yale International Center for Finance, Yale School of Management. Shiller has been a research associate of the National Bureau of Economic Research (NBER) since 1980, was Vice President of the American Economic Association in 2005, and President of the Eastern Economic Association for 2006-2007. He is also the founder and chief economist of the investment management firm MacroMarkets LLC.

Shiller is ranked among the 100 most influential economists of the world
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Robert Shiller - Wikipedia, the free encyclopedia

While there are many economist out there, and most underestimated the impact of the housing bubble, Shiller (to me anyway) simply reports the numbers.

You’ll rarely hear him in heated discussions. He usually has a cool head and his opinions are almost always data driven.
 
CrashTest

CrashTest

Well-Known Member
Glen Beck is always bashing Obama's plan to bailout upside-down mortgages and whips out that same graph all the time.

Is it right? Who knows.
 
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