Shiller Calls July Home Sales Plunge Data `Anomalous': Video

[drkevincampbell]

The Real Estate market is still way overpriced. Expect another 60% drop by the end of 2011.

[raguila11]

Robert Shiller has an ownership stack on the Case-Shiller index. He is not an objective person. The $8,000 tax credit only made houses increase in price by $8,000. The owner never benefited from these so-called subsidies.

[jaba987]

the economic statistics are collapsing faster then the neocon banker mafiya can manipulate them.

[ADULTEDUCATION4U]

Robert Schiller is a Yale HACK, No one should listen to this man, where was he in 2005,2006

[Sluzut]

@ADULTEDUCATION4U You're right, he's a total hack... he only predicted both the tech bubble and real estate bubble. So to answer your question, he was the one that no one would listen to back then.

[ADULTEDUCATION4U]

@Sluzut Well if he did predict and warn of the bubbles Ive never seen one video of him, saying anything but at least you have, too bad for the rest of us I guess, hopefully you took his warning to heart, he was right. Now not soo much...

[Sluzut]

@ADULTEDUCATION4U I'm not quite an investor yet, just a commerce student who has read and listened to numerous Shiller insights. He predicted the tech bubble in his first edition book published in 2000, "Irrational Exuberance" and then in his 2005 second edition he discusses his reasons for suspecting a real estate bubble. Shiller relies much more on behavioral and cultural factors for predicting bubbles that go beyond fundamentals.