…or very near its peak in many hot markets are slowly becoming more abundant (see Calculated Risk for much more on this), and the unwinding of regional housing market bubbles…

…CPI less shelter), see this previous post. Back to Krugman: Bubbles end when people stop believing that big capital gains are a sure thing. That’s what happened in San Diego…

…an efficient market can be as or even more volatile than a market plagued by bubbles … Since r and g are small a small change in g can have…

…on rising foreclosures: The real estate boom’s flip side: foreclosures. Barron’s: The Bubble’s New Home (pay) features an interview with Dr. Shiller (see Big Picture for excerpts and graph). It…

…that we’re currently in a bubble, or perhaps a set of regional bubbles. Most, though not all, of the posts are by our valued Monday contributor from Calculated Risk. AB…

…have a chance to bet invest accordingly (WSJ-subscription): Robert Shiller knows bubbles, and he might have just the solution. The Yale University finance professor – and author of “Irrational Exuberance,”…

…20-percent annual rate and then suddenly stopped in its tracks,” said John Calverley, chief economist and strategist of American Express Bank in London and author of “Bubbles and How to…

…Washington Post. For those in denial, Dr. Shiller discussed booms this week: “There are always popular explanations for the boom, but they are obviously not always right.” Housing “bubbles” typically…

…and leverage is increasing demand. The Bust Housing “bubbles” typically do not “pop”, rather prices deflate slowly in real terms, over several years. Historically real estate prices display strong persistence…

Mr. Magoo sees bubbles too! Just last month, in testimony to Congress, Federal Reserve Chairman Greenspan opined on housing: “I think we’re running into certain problems in certain localized areas.”…