Oil partners seem to stay on board What Will Cause The Next 2 days ago 03:47
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What Will Cause The Next Oil partners seem to stay on board 2 days ago 09:42
Robert Shiller told CNBC that despite a strong housing market since 2012, homebuyers do not seem as excited. Low unemployment is helping drive the market up.
Shiller also says President Donald Trump and his family's lifestyle might be contributing to people feeling like, they too, can live in extravagant homes.
However, the Yale University economist says, "There could be a change in sentiment toward housing which could bring prices down."
Shiller also addresses housing affordability as a global issue.
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What Will Cause The Next Recession - Robert Shiller On Human Behavior