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Bubble economist headlines real estate event

Robert J. Shiller finds historic parallels in market behavior

Editor's note: Robert J. Shiller, a Yale University economics professor and author of "Irrational Exuberance" and "The Subprime Solution," will discuss how to mend the housing market during a keynote address at the Inman News Real Estate Connect conference in New York City on Jan. 7. The conference runs from Jan. 7-9 and will also feature talks by Lawrence Yun, chief economist for the National Association of Realtors, Craigslist.org's Craig Newmark, and Realogy Corp. CEO Alex Perriello, among other industry notables. A believer in bubbles, Robert J. Shiller knows that financial crises have a history of repeating, whether they relate to sales of tulips, stocks or real estate. An economist and author, Shiller heard the warning whistle of this latest economic crisis roaring down the tracks before the housing and financial markets derailed in an extraordinary wreck. During a keynote address at "The Housing Bubble: Fact or Fiction?" -- an Inman...

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