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And, yes, I DO take it personally: Another housing bubble warning
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Sunday, August 21, 2005

Another housing bubble warning

robert shiller, a yale economist who accurately predicted the 2000 crash of the worldwide stock market, is weighing in again on the real estate bubble...
He predicts that prices could fall 40 percent in inflation-adjusted terms over the next generation and that the end of the bubble will probably cause a recession at some point.

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posted by profmarcus at 8/21/2005

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