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
11 years ago

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