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The world according to Shiller: Hedging on real estate

By Austin Jaffe, Ph.D.

Bob Shiller is on a roll. He predicted the bursting of the dot.com bubble and in 2003, long before it was common knowledge, warned of the impending housing collapse. Katie Benner of Fortune Magazine recently wrote about Professor Shiller, reminding readers that Bob Shiller “didn’t kill the housing market, he just predicted its demise.” »

Thursday, September 9, 2010

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