June 22, 2005
An economist-blogger “shorts” the housing bubble
Left-of-center blogger Mark A.R. Kleiman, professor of public policy at the UCLA School of Public Affairs, doesn't just yap about bubble-inflated house prices. He’s actually acted: he’s sold his upscale westside LA house and moved into an apartment. Kleiman wryly describes his move as “putting my money where Brad DeLong's mouth is.”
Here’s the LA Times account.
Here’s Kleiman’s own account.
Time will tell whether Kleiman made a shewd move.
Posted by Lawrence H. White at 05:30 PM in
Economics
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