In an interview with Yahoo!, Robert Shiller’s advice is to think of housing as a risky asset, as a portfolio manager would, and diversify. You could even rent a residence and put the money you would have used to buy a home into a “real diversified portfolio,” says Shiller.
Robert Shiller warns housing future is still unknown
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.