US : Good chance that residential property prices will fall further than those sustained during the Great Depression

April 23, 2008 admin United States Economy Comments Off on US : Good chance that residential property prices will fall further than those sustained during the Great Depression

ROBERT Shiller, the Yale University economics professor who accurately predicted the top of the internet boom, said today there is a good chance that residential property prices will fall further than those sustained during the Great Depression, when home values fell by 30 per cent.

» US home-price fall may double: Shiller – The Australian, 23rd April 2008