Real estate blog entries tagged with greenpan by Bill Roberts - "Baby Boomer" Retirement Planner (Brooks and Dunphy Real Estate)

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Home : Blogs : Bill Roberts - "Baby Boomer" Retirement Planner : Financial Strategies by Bill Roberts : Tag "greenpan"

greenpan: Greenspan, The Evil Villain - 09/18/07 12:05 PM

Greenspan, The Evil Villain by Bill Roberts
Everybody talks about Alan Greenspan like he is some kind of God or something. When Greenspan talks Wall Street listens. Give me a break!
I just can't take any more Alan Greenspan. He ought to just keep his mouth shut. He caused almost all of the problem.
Let me see if I can recap it here in a few words. When he drove rates down to zero, mortgage rates followed. Home buyers (not the speculators) buy homes by how much they can afford to pay each month. As rates came down so did their payment amount. They … (24 comments)

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Bill Roberts - "Baby Boomer" Retirement Planner

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