Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

"The IMF Would Rate Us as Dangerous"

Q: What is your feeling about the housing market? Are we in a bubble, especially in places like Manhattan?

A: It is extremely difficult to forecast trends in the national housing market. The person I know who is best at this, Robert Shiller of Yale, actually consults in this area. His belief is that the housing market, on average, is overvalued. He is extremely reluctant to forecast the timing and scope of any declines that may occur. I have a house which I use mainly as a retreat, in a hot real estate area. What strikes me is that the housing market around this place is totally central to its culture. You can't go to a party, or have a conversation, in which house prices don't come up.

blog comments powered by Disqus