Real Estate
Trump Win Could Usher in Boom for U.S. Housing, Says Shiller
- Rising mortgage rates may spur more buying now to get ahead
- Says ‘I want to see Trump’s actual policies’ and what can pass
Shiller: Hard to Forecast at This Time in History
Donald Trump’s unexpected victory in the November U.S. presidential election could prove a pivotal moment for the U.S. housing market, according to economist and Nobel laureate Robert Shiller.
“I think we’re at a turning point. The numbers that we’re reporting today are October, before the Trump election, and everything looks different now,” he told Bloomberg Television’s Alix Steel and David Westin. “There might be a Trump boom coming.”