Robert Shiller: How Tales of ‘Flippers’ Led to a Housing Bubble

[Alek Liskov]

Hi BP Community!

Just wanted to share a quick find from NYT today:

https://www.nytimes.com/2017/05/18/upshot/how-tale...

It's from Robert Shiller (As in the Shiller Index), a very famous economist focusing on housing pricing, and the focus is on flipping contributed to the crash. I thought I'd bring it up because I love how Josh on the podcast always quickly points out that many of the claims and numbers should not be used by new investors as they really are over hyped. 

I'd love to hear people's thoughts.