Relevant:
- Robert Shiller is Very Bearish on the Future of the US Housing Market
- Plenty of troubling signs on U.S. horizon
- 5 Worst U.S. Housing Markets
- I Told You Housing Was Going to Take a Downturn for the Worse. I’ll Tell You Something Else, We Are in a Housing Depression! It’ll Get Worse Until Market Forces Rule Over Government Bubble Blowing!
- Economist Forecasts 20 Percent Further Drop in Housing Prices
2008-04-22 — cnbc.com
''An influential economist who long predicted the housing market bubble cautioned Tuesday that the slump in the U.S.
housing market could cause prices to fall more than they did in the Great Depression and bailouts will be needed so millions don't lose their homes.''
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