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: Les H who wrote (25361)	11/23/2004 2:49:27 AM
From: damainman	Read Replies (6) of 306849

I've become less a fan of Greenspan as time goes on. He attacked the stock market bubble like a rabid dog and made the brokers tighten up margin requirements yet home prices have tripled in the last 7 years and people are buying houses with zero down interest-only mortgages. Talk about leverage! Btw, I think they should include housing prices in the inflation figures but things as they are, the Gov. will just report some cpi figure "excluding food, energy, AND housing as if Joe Schmoe could do that in real life. Question: what hurts the average person more, a stock bubble or a housing bubble?

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