Effervescent Housing

"High home prices might not surprise Berson, but they worry Alan Greenspan, chairman of the Federal Reserve. In his June testimony before the congressional Joint Economic Committee, Greenspan said: 'Although a bubble in home prices for the nation, as a whole, does not appear likely, there do appear to be, at a minimum, signs of froth in some local markets where home prices seem to have risen to unsustainable levels.'"

Froth. Not a bubble. A bunch of cute, tiny bubbles. Doesn't help me buy a house.