Your House Will Never Recover Its Value

April 3, 2012  •  From
Meanwhile a bigger, more dangerous bubble is forming.

For beat up homeowners with inflated mortgages, the road to recovery looks ominous. Economist Robert Shiller, co-creator of the Case-Shiller housing price index, said last Tuesday that house prices may not recover within this generation’s lifetime.

That is a staggering statement.

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