The Roots of the Mortgage Crisis By Alan Greenspan After more than a half-century observing numerous price bubbles evolve and deflate, I have reluctantly concluded that bubbles cannot be safely defused by monetary policy or other policy initiatives[...]
| crossingwallstreet.com | | the 16/12/2007 |  | Add or View Comment |
In for a Surprise... Go read it, but I just had to reproduce the chart here: In August, 2006, I wrote a post Today's Housing Bubble Post - How Far Can Prices Fall? Suppose rents are $2000 a month for a 3-bedroom house. Subtract from that repairs, maintenance,[...]
| by Raph |
| feeds.feedburner.com | | the 16/12/2007 |  | Add or View Comment |