Greenspan alert on US house prices


	Greenspan alert on US house prices

muckdog

9-17-2007 12:46 AM

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tags:

real estate, greenspan

muckdog says:

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2cada9e9-8ca9-46f6-8fab-82474a023ca3/12691DFC-B288-4E34-894A-DAF21E308744/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html" href="http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html" style="font-size: 11px;">www.ft.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html"><H2>Greenspan alert on US house prices</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html"><P>US house prices are likely to fall significantly from their present levels, <A href="http://www.ft.com/cms/s/0/976b7442-6486-11dc-90ea-0000779fd2ac.html" title="www.ft.com" class="bodystrong">Alan Greenspan has told the Financial Times,</A> admitting that there was a bubble in the US housing market.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/31207860-647f-11dc-90ea-0000779fd2ac.html"><P>In an interview ahead of the release on Monday of his <A href="http://www.ft.com/cms/s/0/b48da02a-6479-11dc-90ea-0000779fd2ac.html" title="www.ft.com" class="bodystrong">widely-anticipated memoirs</A>, the former chairman of the Federal Reserve said the decline in house prices “is going to be larger than most people expect”.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/12691DFC-B288-4E34-894A-DAF21E308744/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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