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Monday
Jul272009

Housing Market's False Hope With Robert Shiller (CNN Clip)

A quick update from housing guru Robert Shiller: no bounce in sight, further declines ahead.

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A quick synopsis: commercial real estate is headed for more trouble; homeowners are still delusional in their thinking that the housing markets will recover and that we are merely experiencing a temporary blip, and now is not the time to buy a single family home.

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Reader Comments (1)

Why is everybody so freaking negative? I thought we were all gonna' be smoking some "green shoots"....SOON!!!!
Jul 27, 2009 at 1:53 PM | Unregistered CommenterAin't Bullshittin'
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