Our economy isn't going to recover until the housing market finds its footing. — Mark Zandi
Quality, affordable housing is a key element of a strong and secure Iowa. — Tom Vilsack
Home ownership is the cornerstone of a strong community. — Rick Renzi
No single housing finance institution should be too big to fail. — Jerome Powell
Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical. — Bill Ackman
Worry is in short supply, risky borrowers, questionable schemes, precarious financial system — Howard Marks
We want to make it socially, morally, politically and religiously unacceptable to have substandard housing and homelessness. — Millard Fuller
We need a system that provides mortgage credit in good times and bad to a broad range of creditworthy borrowers. — Jerome Powell
We have come dangerously close to accepting the homeless situation as a problem that we just can't solve. — Linda Lingle
Accelerate the establishment of a housing system with multi-subject supply and multi-channel guarantee for both rent and purchase. — Xi Jinping
The largest challenge that we face, from my perspective, is the ability to continue moving forward so the agency will have a single mission: that is, to provide decent, safe, and affordable housing. — Alphonso Jackson
The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. — Jerome Powell
I think people need housing. And there's empty buildings, I think people should live in there. If you want to call them squatters, trespassers, hey, I call Wall Street thieves! — Al Lewis
Owning a home is a keystone of wealth - both financial affluence and emotional security. — Suze Orman
If you lived with a roommate as unstable as this economic system, you would’ve moved out or demanded that your roommate get professional help. — Richard D. Wolff
Housing Bubble Quotes
A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble — Paul Krugman
I'm not sure most of the people that get caught up in the middle of a bubble can be described as irrational. It seems pretty rational to buy a house and flip it in the next few weeks at a profit when that's been happening for along time. — Paul Samuelson
In the economy of the cuckoo people that populate central banks, everything is possible. What you have is gigantic bubbles, the NASDAQ in 2000, then the housing bubble and then commodities in 2008 when oil went from $78 to $147 before plunging to $32 within six months. — Marc Faber
The words you speak become the house you live in.
I was a weird little kid. I was very irritable, bored, frustrated. I felt my imagination bubbling inside my head without having any way to express itself. Given a crayon and paper, I would not draw a train or a house. I would draw these monsters, beasts and demons. — Clive Barker
Presidential money is almost like the housing bubble. It's growing at such an astronomical rate, you think it can't get any bigger. — Chuck Todd
You never have a normal family relationship in the White House; it's an impossible thing to have. You live in a goldfish bubble, and you snatch what you can for a personal life, but you never have a normal, natural existence. — Eleanor Roosevelt
The words you speak become the house you live in.
Major labels just lost their way. It's like the housing bubble. They lost a sense of the fundamentals. — Win Butler
Some societies are also more optimistic than others: the U.S. and Australia are my two picks Tell a European you think there’s a housing bubble and you’ll have a reasonable discussion. Tell an Australian and you’ll have World War III. Been there, done that! — Jeremy Grantham
The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping. — David Lereah
When I hear [about a housing bubble] I get the sense that people aren't connecting the dots. — James K. Glassman
Housing Market Quotes
We might still be in a bear market, but these conferences are not getting smaller. Full house at SFF session. — Changpeng Zhao
If you're running for reelection in the House of Representatives race, you know, it's very important to you that you be on fairly good terms with the local affiliates in the largest market in your area. I mean you don't want to antagonize them. — Robert McChesney
If you're running for reelection in the House of Representatives race, you know, it's very important to you that you be on fairly good terms with the local affiliates in the largest market in your area. I mean you don't want to antagonize them. — Robert Waterman McChesney
When written in Chinese the word "Crisis" is composed of two characters. One represents danger and the other represents opportunity.
It's like a crapshoot in Las Vegas, except in Las Vegas the odds are with the house. As for the market, the odds are with you, because on average over the long run, the market has paid off. — Harry Markowitz
But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things. — Warren Buffett
With all the challenges in the housing market, it's clear we need a new vision for the way we design our homes, our communities-and even our lives. — Sarah Susanka
The ornament of a house is the friend who frequent it.
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years. — Alan Greenspan
The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses. — Mark Zandi
Help for first time buyers and other housing market measures will be welcome. — Andy Sawford
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007. — James Surowiecki
Economic Crisis Quotes
I will not let anyone tell me we must spend more money. This crisis did not come about because we issued too little money but because we created economic growth with too much money and it was not sustainable growth. — Angela Merkel
The climate crisis is being used to create totalitarian controls on society by the World Economic Forum, Bill Gates, and all of these megabillionaires. — Robert F. Kennedy, Jr.
Now our Earth is swarmed with issues such as life, death, illness, wars, economic crises and many others. It is time that we sing out loud the message, 'Love forever.' — Yayoi Kusama
The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength. — George W. Bush
If we have an economic crisis in the Western world it's because the government makes up 50 percent or more of the economy. This is a cancer that is taking away people's freedom. — Marc Faber
The exchange-rate trap, another legacy of this former president Alberto Fernández’s government, not only constitutes a social and productive nightmare, but also the surplus of money today is double what it was before the Rodrigazo economic crisis of 1975. — Javier Milei
What the people here have said is that given the enormous crises facing our country, it is just too late for the same old, same old establishment politics and establishment economics. — Bernie Sanders
The economic crisis really affected my family - 2006 to 2011 were really bad times. Almost everybody in my family lost their jobs. — Joey Badass
Women's struggle for equality worldwide is about more than equality between men and women. Our struggle is about reversing the trends of social, economic, political, and ecological crisis - a global nervous breakdown! Our struggle is about creating sustainable lives and attainable dreams. — Bella Abzug
Marxists have more than once pointed out that the capitalist world economic system contains in itself the seeds of a general crisis and of warlike clashes. — Joseph Stalin
Financial Crisis Quotes
Banks died in 2008. They just haven’t been buried yet. — Max Keiser
The public understands that the government is broke, but many still don't want to cut programs they enjoy or depend on. — Tucker Carlson
Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response. — Lawrence Summers
Starting in the wake of the 2008 GFC global financial crisis, market observers have warned of a crash in the bond market. initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds. — Max Keiser
The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. — Jerome Powell
The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. — Jerome Powell
The financial crisis revealed important weaknesses in many areas of our financial system. — Jerome Powell
Being on a movie set is like one long financial crisis. — John Cusack
After the last financial crisis, the banks more than doubled their capital and liquidity and they’re far more aware and better at managing the risks they’re taking. — Jerome Powell
No one should have to choose between medicine and other necessities. No one should have to use the emergency room every time a child gets sick. And no one should have to live in constant fear that a medical problem will become a financial crisis. — Brad Henry
Banking Crisis Quotes
I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. — Abraham Lincoln
When banks stop working, the world turns to Bitcoin. — Michael Saylor
There are downsides to implicitly trusting banks, as the 2008 financial crisis showed. — Balaji Srinivasan
And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place. — Dick Durbin
The banks lobbied Washington so they could write the rules that got us into this crisis. They then lobbied Washington to get the money to bail them out. And then they are lobbying Washington to write the rules so they can get us into the next crisis. It's perfect circularity. — Elizabeth Warren
Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending — Nassim Nicholas Taleb
Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change. — Mervyn King
The World Bank is now the biggest culprit in the debt crisis. — Susan George
If there is one common theme to the vast range of crises...it is that excessive debt accumulation, whether it be by the government, banks, corporations, or consumers, often poses greater systemic risks than it seems during a boom. — Carmen Reinhart
There is a well-established conviction that the central banks always do what is necessary to keep the system going and then afterwards you then take care of the legal aspects. In a crisis, you simply do not have time to think about such concerns for too long. — George Soros
If you're setting a game during the Cuban Missile Crisis, look through a library. find out what people were wearing, what other issues were in the news, how houses were furnished, what cars were being driven. Especially include things which now seem foreign. — Graham Nelson
These two entities Fannie Mae and Freddie Mac are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing. — Barney Frank
Books, like all art, breed in us desire. In times of crisis and fear and misrepresentation we need desire, or else we shut down and hide out in our houses, succumbing to infotainment and the ease of an available latte, turning off our brains and emotions. Books breed desire. — Lidia Yuknavitch
The White House isn't the place to learn how to deal with international crisis, the balance of power, war and peace, and the economic future of the next generation. — Joe Biden
We all live in a house on fire, no fire department to call; no way out, just the upstairs window to look out of while the fire burns the house down with us trapped, locked in it. — Tennessee Williams
It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with. — Robert Gibbs
There's a normal tendency in the campaign, during a crisis, for the country to rally around the White House. vThat may help Al Gore in this campaign, but on the other hand, George W. Bush handled himself so well the other night on foreign policy that I think it fortified him just before this crisis broke. — David Gergen
Gaza will become part of sovereign Israel and will be populated by Jews. This will also serve to ease the housing crisis in Israel — Moshe Feiglin
Anyone that says the housing crisis can be resolved with one magic bullet or by the next election isn't being honest. — David Lammy
The problems of 2008 were never cured. The Federal Reserve's solution to the crisis was to lend the economy enough money to borrow its way out of debt. It thought that if it could subsidize banks lending homeowners enough money to buy houses from people who are defaulting, then the bank balance sheets would end up okay. — Michael Hudson
Human beings are often at their best when responding to immediate crises - car accidents, house fires, hurricanes. We are less effective in the face of enormous but slow-moving crises such as the loss of biodiversity or climate change. — David Suzuki
Donald was one of the people who rooted for the housing crisis. He said, back in 2006, gee, I hope it does collapse because then I can go in and buy some and make some money. Well, it did collapse. — Hillary Clinton
Housing in New York City has become too expensive for many average wage earners, let alone people with marginal incomes, who find themselves displaced to far-flung neighborhoods or to the streets. Racist discrimination in housing, which has been around for decades and follows centuries of slavery, has exacerbated the housing affordability crisis for people of color. — Solly Granatstein
People look at the future and see a black hole. They look at climate change and see an ecological crisis. They look at their leaders corrupted by money and see a political crisis. They wonder if they'll ever be able to pay off their student loan or own a house. Given this ecological, political and financial crisis, what they want is a different future. Their fundamental demand is a different regime to provide that future. — Kalle Lasn
In fact, Donald [Trump] was one of the people who rooted for the housing crisis. — Hillary Clinton
Remember chief of staff Rahm Emanuel's callous enjoinder 'you never want a serious crisis to go to waste'? This White House is a serious crisis. — Bob Tyrrell
The housing crisis may not be the worst thing that's happened to New York City because it was becoming impossible for some of the young doctors, for some of the young artists, for some of the people that make the city so special to be able to live here. — Juan Enriquez
I bought a house right before the housing crisis happened. So I paid too much and then I was stuck with it for a long time. So that was sad for me. I was like, "I'd better make a movie about this to get it out of my system." — Hamish Linklater
As has been reported, and is unmistakably evident to all but the most naïve, federal employees have been ordered to exploit this crisis, to make the government shutdown as uncomfortable as they can. The White House is actively soliciting complaints from the general public on 'how the government shutdown has affected you.' These testimonies are tools sought for the propaganda kit; the better to agitate with. — Paul Kengor
The housing and financial crisis could not have occurred in the absence of government housing and monetary policies. — Sheldon Richman
I heard today that the White House isn't even backing its own bill, because Democrats on the Hill pushed back against it. So now what they're asking for is just a clean $4 billion to help deal with the crisis with no policy reform. And I think that contributes to people having less confidence in their government. — Dana Perino
Louisville, Colorado, which was just voted by CNN and Money magazine as the best place to live, is a veritable Whitopia that is unaffected by the housing crisis and even the severe recession. You look at the best places to live, according to Money's 2009 list, and 9 of the 10 are Whitopias. — Richard Benjamin
By the time you get to year six, there's never a break . . . and you get tired. There's always a crisis. It wears you down. This has been a White House that hasn't really had much change at all. There is a fatigue factor that builds up. You sometimes don't see the crisis approaching. You're not as on guard as you once were. — Ed Rollins
Those who have a lot of money in Greece invest in housing abroad. It's all immoral. The Greek crisis is structural, but also political. — Evangelos Venizelos
I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans. — Sayings
Increasing access to federal student loans has been a bipartisan effort in Washington, one that I have supported. But it has created what many experts believe is a bubble in higher education, not unlike the housing bubble that preceded the financial crisis. — Marco Rubio
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict. — Ben Bernanke
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