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Reply #8: Yes, I was focused on the high end of the [View All]

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cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-07-05 11:37 PM
Response to Reply #6
8. Yes, I was focused on the high end of the
houses for sale. There were lots of houses in the $500,000 range, as well. But there was an abundance of really high-priced homes down there. One magazine was entitled "Luxury homes over $1,000,000.

I do not share your view of Alan Greenspan. I believe that because he artificially kept the interest rate low, he created many more problems than he thought he was solving. One of them is the housing bubble.

It's not all wonderfulness.

Check out some of the threads and comments here about Mr. Greenspan. You can use the 'search' function.
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