Political Quotes

Tom Coburn: “I have never seen such a high risk housing market as market after market thinks they are unique and for whatever reason…”

On the recordMarch 9, 2005
I have never seen such a high risk housing market as market after market thinks they are unique and for whatever reason are not likely to experience price decline. This typically signifies a bubble.
Said by
Tom Coburn
Republican · Oklahoma
Source
congress.gov

Editor's note · Context

Coburn highlights concerns about the housing market bubble in 2005.

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