Robert Shiller – home prices could slide for 20 years?

[CAwireman]

He’s not really dogmatic about it, but he speculates
about a possible 20-year slide, but is really more indecisive and hedges quite a bit during the impromptu interview.

He does have positive things to say about Japan (1 or 2 percent growth, etc)

http://www.reuters.com/video/2011/06/09/shiller-says-home-prices-could-slide-for?videoId=212762297&videoChannel=5

I hadn’t seen the guy speak before a found him entertaining in a comedic sort of way. Interested in your thoughts….?

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[ctr70]

Shiller is one of the best (if not THE best) economists and forecasters out there. I remember him arguing with these nut cases on CNBC in 2005 and 2006 about how there was a huge housing bubble about to pop and they were laughing at him & deriding him. He also called the tech bubble when it was unfashionable to do so back in the late 1990’s. He is a guy you want to listen to.

[rent4now]

If there is a good possibility of a 15yr slide how does that play out for people like me still renting?

If the prices decline for over the next decade is there a way to forecast interest rates?

Bottom line is should I buy now knowing the prices are going to go down with historically low interest rates or should I wait another decade and buy at 20% off current prices and hope the interest rates are reasonable?

Thoughts?

[rent4now]

If there is a good possibility of a 15yr slide how does that play out for people like me still renting?

If the prices decline for over the next decade is there a way to forecast interest rates?

Bottom line is should I buy now knowing the prices are going to go down with historically low interest rates or should I wait another decade and buy at 20% off current prices and hope the interest rates are reasonable?

Thoughts?

[rent4now]

If there is a good possibility of a 15yr slide how does that play out for people like me still renting?

If the prices decline for over the next decade is there a way to forecast interest rates?

Bottom line is should I buy now knowing the prices are going to go down with historically low interest rates or should I wait another decade and buy at 20% off current prices and hope the interest rates are reasonable?

Thoughts?

[rent4now]

If there is a good possibility of a 15yr slide how does that play out for people like me still renting?

If the prices decline for over the next decade is there a way to forecast interest rates?

Bottom line is should I buy now knowing the prices are going to go down with historically low interest rates or should I wait another decade and buy at 20% off current prices and hope the interest rates are reasonable?

Thoughts?

[rent4now]

If there is a good possibility of a 15yr slide how does that play out for people like me still renting?

If the prices decline for over the next decade is there a way to forecast interest rates?

Bottom line is should I buy now knowing the prices are going to go down with historically low interest rates or should I wait another decade and buy at 20% off current prices and hope the interest rates are reasonable?

Thoughts?

[an]

Wouldn’t your age come into play as well if it does decline for 15 years and you decide to wait for 15 years? If you’re currently 45 for example, that would mean you’d be 60 by the time it bottom. How would you retire with a mortgage? Especially one that won’t go away until you’re 90.

[an]

Wouldn’t your age come into play as well if it does decline for 15 years and you decide to wait for 15 years? If you’re currently 45 for example, that would mean you’d be 60 by the time it bottom. How would you retire with a mortgage? Especially one that won’t go away until you’re 90.

[an]

Wouldn’t your age come into play as well if it does decline for 15 years and you decide to wait for 15 years? If you’re currently 45 for example, that would mean you’d be 60 by the time it bottom. How would you retire with a mortgage? Especially one that won’t go away until you’re 90.

[an]

Wouldn’t your age come into play as well if it does decline for 15 years and you decide to wait for 15 years? If you’re currently 45 for example, that would mean you’d be 60 by the time it bottom. How would you retire with a mortgage? Especially one that won’t go away until you’re 90.

[Author]

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