The next big bubble is farmland, says Robert Shiller

Robert Shiller has a pretty good track record when it comes to spotting bubbles. The next 'dark-horse bubble candidate' on his radar? Farmland. James McKeigue explains.

American property expert Robert Shiller has warned that agricultural land may be the "next big speculative bubble".

Shiller, who developed the eponymous Case-Schiller house price trend index, has a pretty good track record when it comes to spotting bubbles (even if he can be a little early). Between 2000 and 2005 he repeatedly warned that US property was due a correction a very contrarian stance at the time.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.