Robert Shiller: "Economy Is At A Tipping Point... A 10-25% Slump In Home Prices Would Not Surprise Me At All"

Does Shiller warning about a double dip in housing make him a fear-monger?  Probably not, given he is the co-founder of the Case-Shiller housing index. 

http://www.zerohedge.com/article/robert-shiller-economy-tipping-point-10-25-slump-home-prices-would-not-surprise-me-all

Home-price index at lowest point since 2006 bust

http://www.mercurynews.com/real-estate-news/ci_18174995

Japanese real estate bust

According to the Case-Shiller Index, which tracks real estate in the US, home prices have declined more than 30% since their peak, and more than 60% in some neighborhoods.

By contrast, since the peak in 1990, Japanese residential prices have dropped more than 90%, while commercial real estate prices--including Class A office space in Tokyo, have dropped more than 99%!