Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.


May 2005, Greenspan said in a speech that he did not believe there was a national housing bubble similar to the bubble in the stock market. But he said there was "froth" in housing and he called the pace of housing price increases unsustainable.

The New York Times https://www.nytimes.com/2005/05/21/business/greens...

Alan Greenspan Quotes

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.

Without calling the overall national issue a bubble, it's pretty clear that it's an unsustainable underlying pattern.