Robert Shiller is Everywhere

Lately, whenever some media outlet needs to drag out a real estate bear, they seem to call on Yale economist Robert Shiller. The guy seems to be everywhere in recent weeks and to me that is indicative that the real estate bubble is being taken seriously by the mainstream media. Listening to this NPR Audio Broadcast you get the impression in the second half of the show that Shiller thinks that there is also media momentum to covering the bubble, and that the momentum could lead to an actual turning point in “real” real estate markets, which causes people to stop talking about selling and actually sell.