Shiller: Housing 'Might' Be Turning Around

Robert Shiller

Mr. Shiller believes housing could be recovering and that recessions are indeed generally V-shaped. Unfortunately he also thinks stocks are a bit overpriced.

Speaking to Bloomberg TV and Radio, Shiller said:

“The month-over-month increase in home prices is “quite striking,” Shiller said. “The sense that something is changing is definitely in the air.”

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