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Shiller calls investing in housing a “fad”: VIDEO

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Robert Shiller on Bloomberg Television Perennial doomsayer Robert Shiller, a Yale University economist and one name behind the industry standard Case-Shiller index, had more gloomy news yesterday in an interview on Bloomberg Television, Business Insider reported. Shiller told audiences that housing prices — which may not have reached the bottom yet, in his mind — may never climb back up to their pre-recession levels. See video after the jump. [more]

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