Robert Shiller: Nobody is Predicting Back to the Races

Case-Shiller Index co-author Robert Shiller spoke with FBN’s Connell McShane about his predictions for the future of the housing market and about his guess that the next bubble will be in farmland. Shiller said that in surveying professional forecasters, “median expectation is for flat to slightly declining until 2012,” and that “nobody is predicting back [...]