Once the excess housing inventory now on the market has been sold, Yale economist Robert Shiller says another housing bubble is possible. Shiller, co-creator of the Case-Shiller Index, which measures housing prices nationwide, said people are speculative enough about buying real estate that a bubble could happen. Boston is one housing market where such a bubble might take place, because the city’s property market has not fallen as drastically as other cities’ housing markets.
|Madison Equities alleges PMG’s “gross mismanagement” at 10 Sullivan caused $30M loss|
Son, what have you done:
Richard Ohebshalom files another suit against Fred
|HK Organization pulls off $60M refi of Brooklyn rental|
|The sit-down: Extell’s Gary Barnett on One Manhattan Square, financing megaprojects and “pedestrian” BK towers|
|Madison’s Gladstone files $100M libel suit against Town’s Heiberger|