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DEJ RoundUp: Could Greenspan Be Right?	By Erika Morphy

Earlier this month Federal Reserve Chairman Alan Greenspan, in his customary indirect way, took the real estate industry to task, warning of microbubbles, lax underwriting and housing prices that have climbed to “unsustainable” levels. And that was just in the residential market. The commercial and capital markets, as is no secret, have been flooded just as much with cash by investors seeking yield they cannot find elsewhere.

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