Wharton Profs say Bubble, no Trouble
Todd Sinai, associate professor of real estate at the Wharton School at the University of Pennsylvania, derides bubble theorists as “Chicken Littles.” His article, “Bubble trouble? Not likely,” published Sept. 19 in the Wall Street Journal, explains research that he and co-author Chris Mayer conducted. While acknowledging “rampant growth” in real estate, they looked at [...]
