h****r
发帖数: 2056 | 1 “This isn’t a forecast, but it’s a worry,” Robert Shiller, founder of
the index, told unwilling ears on CNBC, “that home prices might drop
substantially from here foreward, once this government support is taken away
… Mortgage rates will go up, the economy might double dip, the expectations
for housing -- which helped drive the markets -- might change suddenly when
people see the support being withdrawn. Some people were buying because of
the homebuyer tax credit. When that’s withdrawn, a lot of people will be
absent the market. There is substantial downward risk right now."
“But on the other side,” he added, unable to control laughter sprung from
true insanity of it all, “we’ve seen a bubbly nature in the market
recently. So I think just uncertainty is at a maximum right now.”
BTW, in case people don't know who is this guy, his confidence index series
were quite impressive to investors in last two years. We can check it in
following link.
http://icf.som.yale.edu/confidence.index/ | C***r
发帖数: 844 | 2 I sure hope his worry materializes.
away
expectations
when
of
from
【在 h****r 的大作中提到】
: “This isn’t a forecast, but it’s a worry,” Robert Shiller, founder of
: the index, told unwilling ears on CNBC, “that home prices might drop
: substantially from here foreward, once this government support is taken away
: … Mortgage rates will go up, the economy might double dip, the expectations
: for housing -- which helped drive the markets -- might change suddenly when
: people see the support being withdrawn. Some people were buying because of
: the homebuyer tax credit. When that’s withdrawn, a lot of people will be
: absent the market. There is substantial downward risk right now."
: “But on the other side,” he added, unable to control laughter sprung from
: true insanity of it all, “we’ve seen a bubbly nature in the market
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