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Long-Term Perspectives on the Current Boom in Home Prices

Robert J. Shiller

in The Economists' Voice: Top Economists Take On Today's Problems

Published in print:
2011
Published Online:
November 2015
ISBN:
9780231143653
eISBN:
9780231527866
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231143653.003.0033
Subject:
Economics and Finance, Public and Welfare

This chapter addresses some common questions from homeowners: Is the current boom in home prices temporary? Is a crash possible? And if prices do fall, will they come back up fairly soon, or will ... More


The Menace of an Unchecked Housing Bubble

Dean Baker

in The Economists' Voice: Top Economists Take On Today's Problems

Published in print:
2011
Published Online:
November 2015
ISBN:
9780231143653
eISBN:
9780231527866
Item type:
chapter
Publisher:
Columbia University Press
DOI:
10.7312/columbia/9780231143653.003.0034
Subject:
Economics and Finance, Public and Welfare

This chapter considers the US housing bubble. Over the last eight years, home prices have risen by almost 50 percent in real terms. The run-up has not been even. In large parts of the country (most ... More


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