In September 2007, almost exactly one year before the collapse of Lehman Brothers, Shiller wrote an article in which he predicted an imminent collapse in the U.S. housing market, and subsequent financial panic.
2007. aasta septembris, aasta enne Lehman Brothersi krahhi, kirjutas Shiller artikli, milles ennustas USA kinnisvaraturgu ähvardavat kokkuvarisemist ja sellele järgnevat finantspaanikat.