Bubbles have quite a few things in common, but housing bubbles have a spectacular thing in common, and that is every one of them is considered unique and different. — Jeremy Grantham Copy Share Image
“The big surprise: in his dissertation Greenspan addressed housing bubbles. “There is no perpetual motion machine which generates an ever-rising path for the prices of homes,” he wrote. It’s too bad he didn’t believe his own words.” — Danielle DiMartino Booth Copy Share Image
