Nouriel Roubini Says that He Was Too Optimistic on Housing

Nouriel Roubini is an economist, a good one, and he's been one of the voices in the wilderness about the housing bubble popping, and now he has a post up, I Was Way Too Optimistic on the Housing Recession..., that bears reading.

He's been a housing bear, and a consistent voice of reality, and the housing market has exceeded his worst case scenario.

Go read it.