The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who started this subject	4/17/2002 10:22:34 AM
From: ild	Read Replies (3) of 306849

10:11 ET Greenspan downplays housing bubble thesis : In his testimony, Greenspan makes a case against the existence of a housing bubble - a popular theme that made the cover of the latest Barron's. Greenspan says that due to low turnover in the housing market and the lack of arbitrage opportunities, bubbles can arise in local markets but are less likely on a national scale. Comments are friendly for homebuilder stocks.

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