Greenspan Speaks!

Alan Greenspan Sees Housing Prices Sort of Hitting Bottom in mid-2009

 Fri, 15 Aug 2008 12:19:03 EST
Greenspan said that he expects housing prices to begin to stabilize in the first half of 2009 although they could continue to drift lower for quite some time thereafter, even after essentially reaching bottom.

Greenspan, however, is not changing his long-standing belief that Freddie Mac and Fannie Mae represent the root of all evil...