Robert Shiller (and Some PIMCO PM) on the Housing Market (Video)

Mark Kiesel, portfolio manager at Pacific Investment Management Co., and Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Case-Shiller index of property values in 20 cities, talk about the U.S. housing market. They speak with Trish Regan and Adam Johnson on Bloomberg Television’s “Street Smart.”