He also incinerated the dollar. The Euro is now $1.30 or so. It was less than $1.00 when he started trashing the dollar.
You're right that no one knows for sure when housing will bottom out, but its absurd to say that prices are on their way up. Just look at inventories, the amount of ARM's that will reset over the next two years, and the house price to income ratios, which are at totally unsustainable levels. We haven't seen anything yet.
They won't even be able to build enough houses in the DC area in the next 10 years to keep up with the incredible demand that is coming here. How does that enter into you figures?
Greenspan also helped keep inflation at bay....give the guy some credit.
The Euro was worth $1.20 when it was created. You say it's now worth $1.30. That means the Euro is less than 10% stronger today than when it was introduced. Is that how you define incinerated? No wonder you worry so much.