Was he saying this as he was about to buy another investment property??? 
“At the end of the day, the bond market bubble will eventually be the critical issue, but for the short term it’s not too bad,” Greenspan said. “But we’re working, obviously, toward a major increase in long-term interest rates, and that has a very important impact, as you know, on the whole structure of the economy.”
If you sell stocks and bond, what else to buy other than RE?
But as he indicated, if interest rates head upwards (that should in the ST get the fence sitters if there are any more left off the sidelines) that could doom RE later, no???
But if you lock a 30 year fixed low rate, you’ll be laughing all the way to the bank every month.
Plus, inflation will still make RE appreciate.
Who has the RE price chart against mortgage rate during the inflation years of 60s-80s?
Bond investors will be hurt badly. Today’s RE investors will be laughing. Stock investors will eventually reap the benefits of inflation but it’ll hurt in the early stages.
For sure, the current historically low rates are great and anyone who is older than 40s(?) probably remember the higher “normal” rates of years past. Gosh, I heard rates were like double digits in the 70s…
Greenspan is a fossil…Needs to crawl away and die…Probably one of the most guilty in causing the the great recession
Why would anyone listen to Greenspan?
I think he is right that log term rate can be much higher in the future
Long-term rate will only go higher if there’s inflation. There are a lot of deflationary forces in the economy except for where the government is trying to “help” us (healthcare, housing, and education).
Yes… I missed the bottom of the real estate market and now I missed out on rock bottom rates too… talk about double whammy… 
Inflation in housing, healthcare and education is real and you need real dollars to pay for.
Also China’s cost structure is going up. When China is as expensive as Japan and Korea, we could have major inflations.
Also Trump is pro growth and willing to issue long term bond. And the future democratic president may borrow even more.
I think major inflation can come in 10 years. The next 5 years might be ok
Didn’t you get lucky and get a lot of PayPal shares? Your goal can be switched to capital preservation now. No tears please
Oh great… all my hard work once again attributed to luck. No respect!!! More tears…
Oh a hard working luck 
Yes… I work hard that’s for sure. And having luck is definitely better than without it. And where did your hard work and your luck take you so far?..
I don’t believe in luck, hard working is fine
Stay in cash? If RE also decline, why bother?
Correlation but not causation.
Agreeing with him doesn’t make it right. I agree with him that it is highly likely that long term rate would go up, but I am not sure I’m right.
Sell all your bonds and buy real estate and stocks.