Comments on: Robert Shiller Says BUY BUY BUY!!!

By: Imobiliare Ploiesti

Imobiliare Ploiesti — Sun, 05 Jul 2009 19:49:39 +0000

Maybe from now on but still persons fear of losing jobs

By: Bob Wuest

Bob Wuest — Fri, 05 Jun 2009 03:38:47 +0000

There’s a pressing demographic issue that I don’t see many addressing. It will put upward pressure on housing demand beginning in the next couple years, and continuing for ten years or more.

The Echo Boomers, born between 1982 and 1995. 80 million of them. That’s 3 million more than the Baby Boomers, born between 1946 and 1963.

The youngest of those Echo Boomers are buying homes now. Over the next few years more will start buying. Consider the effect on demand, and home prices.

The recession is slowing them down now; the other issue being that the average age for marriage and first child is climbing. But the sheer numbers of this demographic group – all eventually in pursuit of the American Dream – can’t help but blow the lid off the market in the next 3-5 years.

By: Portland Real Estate

Portland Real Estate — Thu, 07 May 2009 19:18:02 +0000

We should listen closely to this man, he was able to predict some market downturn before it happened. Ben Stein is also pretty dang smart, have a look at what he had to say about the economy years and years before the bust. He warned everyone that we were staking our industry on fake money.

By: Kirk Kinder

Kirk Kinder — Wed, 06 May 2009 13:38:26 +0000

I have followed Dr. Shiller for a long time, and I think you are reading too much into his statements. He has always talked about being a diversified investor. He discusses how it is the best way to manage risk. He has never told anyone to get out of stocks or real estate.

He certainly believes that investors are better positioned now than two years ago, but that is common sense. Prices are lower than 2006 so it is pretty obvious.

Dr. Shiller still discusses the option ARMs that are resetting in 2010 and 2011, which could provide serious headwinds to the housing market.