Robert Shiller Senses Housing Bubbles Forming In Two US Cities

In the wake of the biggest housing bust ever, it’s hard to imagine that we would be walking right back into a housing bubble.

But that’s just the nature of bubbles: you don’t know if you’re in one until after the fact.

Robert Shiller, the economist who famously predicted the dotcom and housing bubbles, was on Fox Business News discussing the Case-Shiller home price index, which recently rose faster than expected.