Q&A: Shiller Sees 5 Years of Stagnant Home Prices

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Anonymous_IHB

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<A href="http://blogs.wsj.com/economics/2009/09/30/qa-shiller-sees-5-years-of-stagnant-home-prices/">http://blogs.wsj.com/economics/2009/09/30/qa-shiller-sees-5-years-of-stagnant-home-prices/</A>
 
Hmm......looks like a major turnaround....or..........maybe not. Looks like things are getting better..........or.............they could get a little or a lot worse..............or.................they might stay the same for 5 years, these guys are brilliant! That's one way to make sure you are always correct: offer up every possibility as a possibility!
 
[quote author="tmare" date=1254534090]Hmm......looks like a major turnaround....or..........maybe not. Looks like things are getting better..........or.............they could get a little or a lot worse..............or.................they might stay the same for 5 years, these guys are brilliant! That's one way to make sure you are always correct: offer up every possibility as a possibility!</blockquote>


Ha ha ha. Watched a different interview where the reporter was badgering Shiller to make a firm prediction after he'd hedged his bets so many ways. Schiller said with a mischievious smile he'd predict that housing prices would not go down 100% :).
 
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