Karl Case

Should Homeowners Use Derivatives To Hedge Home Price Risk?

In June 2009, publicly available housing derivatives were launched by Robert Shiller and Karl Case, the economists who run the most widely followed U.S. home price indicator: the S&P Case Shiller Index. The products are called MacroShares, and are essentially options any investor can use to make bets about whether home prices will rise or

The Future of Home Prices

This WSJ story is worth the read … real estate still people’s top investment, but future appreciation muted relative to the past. Perhaps not news, but there’s some good bits in here, including commentary from Karl Case, co-founder of the Case-Shiller home price index.