Monday, June 02, 2008
You think the U.S. has a housing bubble?
The "price gap" representing the portion of home values not supported by fundamental factors such as rental value and interest rate changes...
![](http://www.scrivener.net/uploaded_images/housebubble-795709.gif)
[The Economist]
If Alan Greenspan really is responsible for all this from the Netherlands to Australia, he truly is an Evil Merlin.