Alan Greenspan Quotes:
Ocupation: Economist
Life: b. March 6, 1926
Birthday: March 6
Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.
topic: Fall, Home, Years, Home Equity
