The Housing Market and a Possible Recession

August 17, 2007 at 11:02 am | Posted in American politics, housing market | Leave a comment

I’m not an economist, and on this particular issue I have not formulated my own opinion, but I thought it would be good to link these two particular pieces here, if for anything, my own edification. The first is a piece in the Volokh Conspiracy called The Fed Part I: Avoiding Recession? The second comes from an ABC piece with Robert Shiller, a Yale professor who discussed back in March 2006 about an impending recession over the housing bubble’s inexorable burst. I recommend those two articles, and an accompanying graph from the former on the inflation of the housing market.

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