Robert Shiller: “It’s not likely to be quickly over”
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Thanks for posting this clip. I see economics very much as Shiller does, but disagree with this proposals. For example, long term, it might be a good idea for the government to stop subsidizing home buying, since it has become more speculative. Propping up home prices now seems like the wrong solution. Instead, a general subsidy for housing for the less fortunate would be a better idea.