I spoke with Matt Woolsey, Senior Reporter, Forbes Magazine, Forbes.com about his article covering the luxury housing market nationwide in the current edition of Forbes Magazine called:
Professor Robert Shiller took time out from his busy schedule when he was in New York to pay me a visit and let me interview him for The Housing Helix Podcast.
I invited him after I read his recent Op-ed piece in the New York Times, Why Home Prices May Keep Falling.
Dr. Shiller is well known for many things, including his New York Time’s bestselling book: Irrational Exuberance and his widely referenced monthly state of the housing market tool, The Case-Shiller Index. But he also continues to write about the housing market, having released two books over the past two years:
Last year’s The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It
and this year’s
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
I hope you enjoy his insights.
I had the pleasure of speaking with Barry Ritholtz of Fusion IQ and The Big Picture weblog. He’s a wealth of information and never pulls any punches in his characterizations of the current economic mess we find ourselves in.
The Big Picture is the leading financial weblog with must-read content and it boasts a huge following (self-included).
Barry recently released a terrific book: Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy. I highly recommend it.
This week I speak with Dan Gross, a senior editor and columnist at Newsweek and he writes the “Moneybox” column for Slate. Dan covers economic topics in his columns and has written a number of books with the most recent available as an eBook titled “Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation”
Here’s how Dan described the book’s message on the Colbert Report.
Keywords and phrases from Dumb Money:
We also talked about the second home market and wondered whether the commercial real estate market was the next shoe to drop.
This week, I have a conversation with economist Dr. Kevin Gillen, Vice President of Econsult and is affiliated with the University of Pennsylvania as a Research Fellow in its Institute for Urban Research, through which he publishes his quarterly updates on the current state of Philadelphia’s housing and condominium markets. He’s been sharing his research each quarter with the readers of my other blog, Matrix for which I am grateful.
In the podcast we cover his Philadelphia Housing Indices, as well as the three key economic hurdles facing the Philadelphia’s housing market:
1. Problems with the accuracy and proposed redistribution of tax assessments
2. The controversial 10-year tax abatement
3. Political turmoil relating to the building trades and the associated above average cost of construction.
Much of his commentary is in the context of the US housing market.
Note: I am still experiencing a lag in the audio capture via the combination of Skype and WireTap Studio so there are moments where it sounds like I am interrupting the answer. Please overlook this – I’ll figure it out eventually and it doesn’t detract from the clarity that Kevin provides to a complex housing situation.