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War-Era-Like Housing Market, Crash Ahead

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War-Era-Like Housing Market, Crash Ahead
A for sale sign is seen near a house in South Pasadena, Calif., on April 24, 2020. Frederic J. Brown/AFP via Getty Images
Law Ka-chung
Updated:
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Commentary
The Nobel prize winner Robert Shiller warns about the risk of the U.S. housing bubble bursting. In 2013 Robert Shiller (together with colleagues) was awarded the Nobel Prize in Economic Sciences for his empirical analysis of asset prices.
Law Ka-chung
Law Ka-chung
Author
Law Ka-chung is a commentator on global macroeconomics and markets. He has been writing numerous newspaper and magazine columns and talking about markets on various TV, radio, and online channels in Hong Kong since 2005. He covers all types of economics and finance topics in the United States, Europe, and Asia, ranging from macroeconomic theories to market outlook for equities, currencies, rates, yields, and commodities. He has been the chief economist and strategist at a Hong Kong branch of the fifth-largest Chinese bank for more than 12 years. He has a Ph.D. in Economics, MSc in Mathematics, and MSc in Astrophysics.
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