Shiller Talks Housing Crash - Foreclosures Still Increasing

World renowned economist Robert Shiller, the Co-Creator of the S&P CoreLogic Case-Shiller US Home Price Index, doesn't often speak on economic or Housing issues, but when. he does, people do listen an d take notice. After following Shiller over the past number of years, it is clear that he has his own method of stating what is going to happen to the US Housing Market, that has to be deciphered and discussed. Clearly a man in his position is reluctant to simply come out and state that the Housing Market is poised for a crash. The impact would send the markets reeling. Instead, he speaks conservatively and in innuendo and therefore you have to read between the lines to understand what he is really saying. In this case, he is saying that we are going to have a crash.