The shadow inventory and coming resets will hinder housing prices for years to come according to Robert Shiller. Today’s Case/Shiller data showed little change in housing prices. Bloomberg interviewed Robert Shiller and Karl Case following the data:
Source: Bloomberg
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.