„House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals, including robust growth in jobs and incomes, low mortgage rates, steady rates of household formation, and factors that limit the expansion of housing supply in some areas.“

—  Ben Bernanke, October 20, 2005 http://www.house.gov/jec/hearings/testimony/109/10-20-05bernanke.pdf, in testimony to Congress's Joint Economic Committee.
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„[There are] signs of froth in some local markets where home prices seem to have risen to unsustainable levels.“

—  Alan Greenspan 13th Chairman of the Federal Reserve in the United States 1926
July 2005 http://www.startribune.com/nation/12598281.html, in testimony to the House Financial Services Committee.

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„It seems to me that the German people can - pointedly - tolerate 5 percent price increase better than 5 percent unemployment.“

—  Helmut Schmidt Chancellor of West Germany 1974-1982 1918 - 2015
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