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Old 08-30-2005, 05:22 AM
meaghanchan meaghanchan is offline
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Default Re: Market shudders with another Greenspan 'irrational exuberance' speech

So either rising interest rates will slow down the housing market, OR all the companies on the radio will start going "BUY NOW! Interest rates are going up!" like they have been ever since the Fed start raising rates. Everyone who's planning on buying a house in the next year are trying to do it before rates go up more... Which I think is driving the real estate bubble, not slowing growth. But that's just a theory, and I could be totally wrong.
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