We’ve never had a decline in house prices on a nationwide...

We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s going to drive the economy too far from its full employment path, though.

Ben Bernanke Quote About Thinking, House, Employment: Weve Never Had A Decline...

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