/
1x
Advertisement

True North Strong Free. Subscribe today.

Google is a time machine

Add as preferred on Google(opens in a new tab)

Oh, to be back in 2005:

Bernanke: There’s No Housing Bubble to Go Bust

U.S. house prices have risen by nearly 25 percent over the past two years, noted Bernanke, currently chairman of the president’s Council of Economic Advisers, in testimony to Congress’s Joint Economic Committee. But these increases, he said, "largely reflect strong economic fundamentals," such as strong growth in jobs, incomes and the number of new households.

Get the Best of Maclean’s straight to your inbox.

Sign up for news, commentary and analysis. Join 60,000+ Canadian readers.

By signing up, you agree to our terms of use and privacy policy. You may unsubscribe at any time.