Yale's Schiller Tells Barron's He Sees 20%-30% Price Declines -Including NYC and SF

[Covertibility]

First rule of economic forecasting is don't give a date for said forecast to take place.

Let the audience judge whether the forecast came true or not.

Stargazer/prophesier is born.

 

[coolice]

Shiller is absolutely right. Those trying to justify the opposite,
just recently bought the top of the housing market. In Miami there is an escalating panic selling. New York won’t differ……