Books by Kevin Erdmann
Found 2 books
Kevin Erdmann, Building from the Ground Up: Reclaiming the American Housing Boom , and
6. Paul Krugman is coming very close to admitting a) “real estate bubble” was not the best formulation, and b) Kevin Erdmann was right .
I was just shooting from the hip when I questioned the housing bubble view that was so popular after 2006. Credit should go to Kevin Erdmann , who produced a mountain of evidence against the bubble hypothesis in two very impressive books on housing. His view, which was once highly contrarian, has now been completely vindicated. Indeed, I don’t see how any fair-minded person reading his books could still believe in the housing bubble theory. Unfortunately, he’ll probably be ignored. The medi...
Those are all from Kevin’s new and very important book Shut Out: How a Housing Shortage Caused the Great Recession and Crippled Our Economy . The simple “housing bubble” story is not in fact as true as it might seem, as Kevin shows, and furthermore just look at how many parts of America now have home prices at or above their “bubbly peaks.” I hope this work gets the attention it deserves.