Nobel Prize winner Robert Shiller says that despite a strong housing market since 2012, homebuyers do not seem as excited. Low unemployment rates in the U.S. are helping drive the market up.
Nobel Prize winner Robert Shiller says that despite a strong housing market since 2012, homebuyers do not seem as excited.
div > div.group > p:first-child"> Low unemployment rates in the U.S. are helping drive the market up. Shiller also says Donald Trump and his family's lifestyle might be contributing to people feeling like, they too, can live in extravagant homes.He also addresses housing affordability as a global issue.
Watch the video above to hear more on the state of the housing market from Yale University economist Robert Shiller.
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