SHILLER Starting To Worry About A Bubble - My Take

SHILLER Starting To Worry About A Bubble - Business Insider

Robert Shiller has it wrong. There is a bubble anywhere that the first time buyer has exited the market. The ponzi process cannot function if first time buyers are gone. So, there is a bubble in Las Vegas, even if we are off the bubble high of the last decade, because the first time buyer has exited the building. 

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