inzmtns
Greenspan warned of a bubble in the US housing market in 2007.
Alan Greenspan
Greenspan and the housing bubble
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replied to: inzmtns
Zaphod
Replied to: Greenspan warned of a bubble in the US housing market in...
Greenspan said that this bubble was caused by a decline in "real long-term interest rates."
replied to: Zaphod
jstack
Replied to: Greenspan said that this bubble was caused by a decline in...
Drops in federal rates came after the 9/11 attacks and after the accounting scandals of the following year.