The CBOE has a futures contract based on Radarlogic's RPX indices. This product is starting to gain interest as one investor bought 26,490 contracts.
From John Angelos at the CBOE:
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This is an interesting article from Bloomberg. Home prices have been on a tear in Norway and many do not want to see a replication of other bubble markets like Japan, U.S, Ireland and Spain.
However, the caveat is how one can produce a "soft landing." Most of the time bubble are not deflated little by little, but with a crash.... read more