NYT: The Housing Market Still Isn’t Rational

By Robert J. Schiller
JULY 24, 2015

This article takes a look at why the housing market may not be rational given the rise in home prices (again) nationally since 2012. Robert Shiller delves into the housing market, its supply and demand issues, and how relying on “comparable sales” in an inefficient market may not be accurate.

This article was originally published in the New York Times