So Another Real Estate Bubble Prediction – Crossland Team

Another Real Estate Bubble Prediction

Real Estate Bubble

Robert J. Shiller is arguing that the housing craze is another bubble destined to end badly, just as every other real-estate boom on record has.

Lately, most of the news I read, hear and see about the Austin economy and Austin real estate market is positive. I write about and quote this information here online whenever I get the chance. I did however just come across an article that warns of a 40% drop in real estate prices in the U.S., combined with a decade long recession. Wow! Of course, it’s just one man’s opinion, but I like reading warnings like this just as much as I enjoy hearing the good news. It helps provide perspective.

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Posted by Steve
12 years ago
Steve

Steve is a Real Estate Blogger, UT Austin Grad, Real Estate Broker and owner of Crossland Team and Crossland Real Estate in Austin TX.