Inman

‘Irrational Exuberance’ author to keynote real estate confab

Real estate industry thought leaders and financial experts including Robert Shiller, author of “Irrational Exuberance,” will convene at Inman NewsConnect High Net 2006 conference in Miami, Oct. 15-17, to explore a wave of changes happening in real estate causing property investment to look more like the stock market each day.

High-net-worth individuals and institutions have the opportunity for the first time to invest in or hedge housing exposure without buying or selling physical real estate assets. Industry leaders will tap into this new trend as well as the impact that investors with multiproperty portfolios are having on real estate markets.

“Expect lots of debate and interaction among this event’s unique blend of housing bulls and bears: HNWIs (high-net-worth individuals), high-powered brokers and high-rolling Wall Street market-makers, institutional investors and lenders,” said Shiller, who will deliver a keynote address at the event. Shiller is chief economist of MacroMarkets LLC and Stanley B. Resor professor of economics at Yale University.

“This is the first conference of its kind, a forum that will stimulate serious thought about how current and prospective stakeholders in residential real estate can best identify and manage the emerging risks and opportunities borne by the changing behavior of real estate prices, advances in information technology, innovative derivative products, and new marketplaces,” Shiller said.

Connect High Net aims to join luxury property, wealth management, financial analytics and metrics, technology, video and cutting-edge marketing tools in a confab where attendees will leave with a deeper understanding of the high-net-worth real estate investor.

Additional speakers include: Frank McKinney, founder of Frank McKinney & Co.; Ben White, Wall Street correspondent for Financial Times; David Stiff, Ph.D. and chief economist of Fiserv; Marc Gerstein, director of investment research at Reuters; Michael Tchong, trend analyst at Ubertrends; and Joseph Mattey, chief risk officer at Washington Mutual Home Loans.

“Consumers need better real estate advice: Wall Street needs to understand real estate and real estate brokers need to understand how property holdings fit into the larger financial portfolio of consumers today,” said Bradley J. Inman, founder and publisher of Inman News.

“Connect High Net will help bridge that gap by teaching these two industries how to deliver better technology and more sophisticated advice for their high-net-worth clients,” Inman said. “In the end, real estate will be better leveraged, giving the consumer more choices — on Main Street, and now on Wall Street.”

For more information about Connect High Net, including registration information, go to https://www.inman.com/connectmiami/.