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Shilling talked of the housing bubble that is collapsing before our eyes: House prices shot up 2.5 times between 1995 and 2005, peaked in October 2005 and now, two years later, have started to fall.
FORBES: Cruising Through The Panama Canal
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These maps illustrate moves in 2008, as the collapsing housing bubble started to restrict mobility.
FORBES: New York, Ohio Lose Out in New Census; Texas Wins
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As the collapsing credit bubble slingshots the real value of gold higher, gold stocks will finally provide the operational leverage they have lacked.
FORBES: Gold Mining Stocks Are An Increasingly Attractive Opportunity
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But with the collapsing housing bubble, this well is running dry.
FORBES: School For Scandal
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If prices slowly retreat rather than collapsing, the bubble definition would be ill-fitting.
FORBES: It Started With Tulips, Now Bubble-Watchers Are Looking To The Bond Market
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The commercial real estate bubble is deflating, but China is not one big Florida where housing values are collapsing 10% a year.
FORBES: Is China The Next EU?