Post Profile
House Prices Will Soon Be Off To The Races Again, Say Analysts Who Missed The Crash
The consensus of analysts surveyed by professor Robert Shiller's MacroMarkets is that house prices will soon resume their steady upward climb.
Of course, the vast majority of the analysts in the survey didn't see a crash coming (ever) in 2007. So tuck this away in the "for what it's worth" file.
(Also for what it's worth, price behavior like this after a bubble would be unusual.
read more
Robert Shiller's New Housing ETFs Are A Dangerous Ripoff
Allow me to introduce you to an investment product so disgracefully ridiculous that one could only assume it was launched on a dare. Very quietly, on June 30th 2009, some firm called MacroMarkets LLC (co-founded by the otherwise wel... Read Post
Hedging Your House For Fun and Profit
Interesting news: MacroMarkets is launching a housing ETF the price of which will tied to housing prices in ten major U.S. metropolitan areas. Of course, because of the way MacroMarkets engineers these things they can only fall 50... Read Post
ROBERT SHILLER: Housing May Have Bottomed, But...
Yale economics professor Robert Shiller was on Yahoo's Daily Ticker with Aaron Task today talking about that today's Case-Shiller home price index, which unexpectedly climbed 0.5 percent year-over-year in June. Shiller famously pred... Read Post