What caused the housing bubble in the United States several years ago? And could the situation have been predicted in advance? Dr. Vernon Smith of the Economics Department at Chapman University, and winner of the Nobel Prize for Economics in 2002, discusses experimental economics and how it can be used to predict housing markets and other important aspects of the economy.

 

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Doug Goldstein, CFP®
http://www.profile-financial.com
Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel.