2min chapter

The Joe Walker Podcast cover image

Markets And The Madness Of Crowds - Robert Shiller

The Joe Walker Podcast

CHAPTER

What's So Interesting About Housing Busts?

The average duration of the major housing busts they started was six years, which is a lot longer than stock market crashes. Housing back in Alia because they increase for so long and then they kind of deflate like a long sigh for a very long time as well. Have you thought of any alternative metaphors we could use? Well I was thinking of the word that was used during the tulip mania in Dutch. The wind handle. That means the wind trade, the wind trade. So it didn't say that it was going to burst, but it did imply that it was crazy.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode