3min chapter

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Markets And The Madness Of Crowds - Robert Shiller

The Joe Walker Podcast

CHAPTER

Are Home Prices the Next Bubble?

Bob Greene: In housing bubbles, economists and central banks can often spin quite convincing quote unquote fundamentals explanations to justify the elevated prices. He says there's an issue with trying to explain prices according to interest rates, income, population growth, supply. Greene: These are big lifetime events, these housing bubbles. We don't have data going very far back.

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