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Two Big Housing Risks-Ending Fed Stimulus & Speculation - Professor Robert Shiller - Video
By Greg Hunter’s USAWatchdog.com Yale Professor Robert Shiller says, “People who were thinking about buying a house last year are kicking themselves. Prices are up 12% in a year. As the market tightens, the attractiveness diminishes, but it’s still attractive.” Professor Shiller, who is one of the founders of the S&P/Case-Shiller Home Price Indices, sees two big possible headwinds for housing. One is the Federal Reserve ending or “tapering” its $85 billion a month bond buying program.
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