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

January 1, 1970

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Businesspeople from the United StatesEssayists from the United StatesMathematicians from the United StatesLibertarians from the United StatesEconomists from the United States
Original Language: English

Sources

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.