Robert Shiller, an economics professor at Yale School of Management, shares his 2010 housing outlook with CNBC.
Around April 2009, the Case/Shiller Housing Index had the sharpest rebound in history since he invented the index and it has stagnant for the past few months.
Shiller has no clue as to where the housing market is going to go next: He sees more than 50/50 chance it will go down, but if the animal spirit returns, it may go up in this poor economy.
Shiller is worried about the Commercial Real Estate, just as he is concerned about the residential
Around April 2009, the Case/Shiller Housing Index had the sharpest rebound in history since he invented the index and it has stagnant for the past few months.
Shiller has no clue as to where the housing market is going to go next: He sees more than 50/50 chance it will go down, but if the animal spirit returns, it may go up in this poor economy.
Shiller is worried about the Commercial Real Estate, just as he is concerned about the residential
