Quotes by Mark Zandi

Mark Zandi

A home is still the biggest asset that most Americans own.

Assets

Home

Stills

A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.

Believe

Home

Years

An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn’t describe today’s economy.

Economy

Rising

Today

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

Imbalance

Technology

Thinking

Buying a home wouldn’t make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

Fall

Home

Knives

Defaulting on the nation’s debt would be cataclysmic. The U.S. Treasury’s Aaa rating is the one constant in the world’s financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

Debt

World

Would Be

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.

Fall

Home

Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.

Each Month

Effort

Japan

Housing was ground zero for the Great Recession. Between early 2006 and Obama’s inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

Country

Vegas

Zero

I only have two things in my life, my family and work. If there’s any time left over, then I play sports.

Play

Sports

Two

Follow The Behaviour University in order to get the greatest quotes from the greatest people of all time so that you can tap into your own greatness.

Addresses

America

Appreciate

Art

Assets

Average

Banking

Believe

Buoys

Ceilings

Challenges

Choices

Commodity

Country

Creating

Credit

Cutting

Dark

Debt

Democrat

Differences

Different

Doe

Done

Each Month

Economic

Economist

Economy

Effort

Fall

Fate

Financial

Flavor

Giving

Government

Growing

Hair

Helping

Holiday

Home

House

Housing

Housing Market

Imbalance

Important

Income

Japan

Jobs

Keys

Knives

The Future Blueprint

Tool

The Home Therapist: Anti Anxiety

Tool

The Autobiography

Tool

The Behaviour Diary

Tool

The Dating Diary

Tool

The Relationship Therapist

Tool

Quotes by Mark Zandi

Mark Zandi

A home is still the biggest asset that most Americans own.

A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.

An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn’t describe today’s economy.

At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the Great Recession, or the technology bubble and the early 2000s recession. There are no such imbalances today.

Buying a home wouldn’t make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

Defaulting on the nation’s debt would be cataclysmic. The U.S. Treasury’s Aaa rating is the one constant in the world’s financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.

Housing was ground zero for the Great Recession. Between early 2006 and Obama’s inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

I only have two things in my life, my family and work. If there’s any time left over, then I play sports.

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Topics by Mark Zandi

Popular Tools

The Future Blueprint

The Home Therapist: Anti Anxiety

The Autobiography

The Behaviour Diary

The Dating Diary

The Relationship Therapist

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