emergence of future housing bubbles. Case studies of the recent housing bubbles in the United States and Spain are also featured …“This book provides an accessible, yet formal framework to understand how housing bubbles arise, their international … and valuable set of policy orientations.” Óscar Arce, Director General, Banco de España, Madrid, Spain Booms and busts of …

-- Eight. New Eras and Bubbles around the World -- Part Three. Psychological Factors -- Nine. Psychological Anchors for the …, Random Walks, and Bubbles -- Twelve. Investor Learning-and Unlearning -- Part Five. A Call to Action -- Thirteen. Speculative … Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have …