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Robert Schiller the person who predicted the 2007 housing crash before anyone else has just come out and said that now is a bad time to buy a house and the prices will continue to drop he says that house prices are still very high and to hold off on buying as the U.S economy will keep struggling he also thinks that the downturn is going to continue and its going to get cheaper after another six months and the whole reason Robert Chiller The Godfather of modern housing economics is saying this is because hes looking at the data particularly hes looking at inflation-adjusted home prices in America which have come down over the last eight to nine months from their Peak but they are still way too high and in fact inflation-adjusted prices today are even higher than they were at the 2006 peak of the previous bubble which was the biggest crash of all time additionally inflation-adjusted prices today are way way higher than they were in the 1989 Peak 1979 Peak and the 1964 Peak and so if y
