Summary

Robert Shiller looks at over 100 years of data and asks the question every homeowner wants to know: what is the short-term and long-term prognosis for real estate values? The news isn't reassuring, but luckily risk markets are being developed to help people hedge or buy insurance against the risk that Shiller unveils.

Recommended Citation

Shiller, Robert J. (2006) "Long-Term Perspectives on the Current Boom in Home Prices," The Economists' Voice: Vol. 3 : Iss. 4, Article 4.
Available at: http://www.bepress.com/ev/vol3/iss4/art4