Insurance against changes in home prices is for the first time now being offered on a limited basis. This is an interesting product in that the idea is in large part driven by academics like Robert Shiller.
http://www.forbes.com/2002/08/28/0829whynot.html see also the chapter on macro markets in Entrepreneurial Economics www.EntrepreneurialEconomics.org Alex -- Alexander Tabarrok Department of Economics, MSN 1D3 George Mason University Fairfax, VA, 22030 Tel. 703-993-2314 and Director of Research The Independent Institute 100 Swan Way Oakland, CA, 94621 Tel. 510-632-1366
