decline-national-housing-price-level-would-substantial-significant-rise

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.

Alan Greenspan
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Alan Greenspan's Popular Quotes

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

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The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.

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Deficit spending is simply a scheme for the confiscation of wealth.

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Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, ca…

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Amateurs want to be right. Professionals want to make money.

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I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you …

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If I've made myself clear, I've misspoken.

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