Friday August 14, 2020

Bubble trouble in US property prices

The US housing market is, for some commentators, the next big bubble waiting to burst.

27th August, 2005

The US housing market is, for some commentators, the next big bubble waiting to burst. For Yale economist, Robert Shiller, the bubble in US housing is the largest yet seen.

As in many other economies, Ireland included, US house prices have indeed been very strong. The key question is, should we worry?

The US housing market should indeed be strong. Interest rates are and have been at historically low levels. The economy has recovered from...

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