文章基本信息

标题：Historic Turning Points in Real Estate
本地全文：下载
作者：Shiller, Robert J.
期刊名称：COWLES Foundation Discussion Paper / Cowles Foundation for Research in Economics
出版年度：2007
卷号：1
出版社：Yale University
摘要：This paper looks for markers of ends of real estate booms or busts. The changes in market psychology and related indicators that occurred at real estate market turning points in the United States since the 1980s are compared with changes at turning points in the more distant past. In all these episodes changes in an atmosphere of optimism about the future course of home prices, changes in public interpretation of the boom, as well as evidence of supply response to the high prices of a boom, are noted.
关键词：Home prices, Boom, Bubble, Regime change, Stock market, California, Florida