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Greenspan: Housing Will Hit Bottom in 2009

Skilled immigrants would help end slump, he says

By Jim O'Neill, Newser User

Posted Aug 14, 2008 11:19 AM CDT

(Newser) – Alan Greenspan said housing prices could continue to edge lower through 2009, but should “stabilize or touch bottom” in the first six months of the year, reports the Wall Street Journal. And, the former Fed chief says, while a government bailout of Freddie Mac... Read full story »

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Bush administration • Federal Reserve • economics • Alan Greenspan • capitalism • Freddie Mac • Fannie Mae • credit crisis • housing crisis • subprime crisis • bank regulation • financial crisis

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Greenspan: Housing Will Hit Bottom in 2009

Skilled immigrants would help end slump, he says

Bush administration • Federal Reserve • economics • Alan Greenspan • capitalism • Freddie Mac • Fannie Mae • credit crisis • housing crisis • subprime crisis • bank regulation • financial crisis

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More Newser Stories

Greenspan to Government: Hands Off

Market capitalism can ride out the crisis, writes former Fed boss

Fannie-Freddie Merger: The Math Adds Up

As both companies plummet, combining them might make sense

As Speculation Swirls, Panic Stalks Freddie, Fannie

As mortgage giants face increased losses, investors uncertain of their futures

Treasury Boss: Worst Is Over

Paulson says US emerging from storm

Don't Blame Fannie for Mess

Wall Street, banks, and government also at fault

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