Alan Greenspan Quote

[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.


July 2005, in testimony to the House Financial Services Committee.


[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.

[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.

[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.

[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.