Park Won-soon Quotes

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.

Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.

Our economy isn't going to recover until the housing market finds its footing.

Help for first time buyers and other housing market measures will be welcome.

Until Americans feel that their core asset - their homes - are stabilized, they are not going to have the animal spirits and they will continue to have less buying power.

So from the housing standpoint, steady as you go, I think, would be the best medicine.

The virtues of homeownership are so ingrained in the American psyche that we often forget that housing is also a source of economic stress. Rising milk prices are regarded as a household tragedy for some, and spiking gas prices stoke national outrage. But whenever home prices go up, it’s “a recovery,” even though that recovery also means millions of people can no longer afford to buy.

It's impossible to know precisely what constitutes the right house price but I do know that house prices doubling or even tripling over a 10 year period caused a lot of people to find that getting a foot on the housing ladder is near on impossible.

Mitt Romney and I don't agree on every issue and certainly housing is one of them. When you look at what is going on here in Southern Nevada, you can't say you got to let the housing market hit bottom. We have been bouncing along the bottom for years. And the fact is we have to do everything possible to: 1) keep people in their homes and 2) get people who are out of their homes back into their homes.

Quality, affordable housing is a key element of a strong and secure Iowa.

Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.

Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

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

It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use.

When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory relief is needed to make housing more affordable to more Americans.

Once the housing market begins to recover, I would phase out the mortgage tax deduction.

I tried all my life to make housing affordable. The more affordable the house, the more money I make.

We just went through the biggest housing bubble in history and now housing prices are starting to go up again. I don’t know what to make of that.

We can start with housing, the sturdiest of footholds for economic mobility. A national affordable housing program would be an anti-poverty effort, human capital investment, community improvement plan, and public health initiative all rolled into one.

A stable and affordable home is fundamental to economic security.

Housing is a relatively small sector of the economy, and its decline should be self-correcting.

When you feel house poor, you don't buy anything. Housing immediately impacts the job numbers because there are so many housing-related jobs within the industry, and in adjacent industries.

People feel a great deal of their wealth or lack thereof in their home value. Despite the fact they're living there and not going to sell it per se, it does have a big psychological effect.

I have been looking at a number of things in affordable housing because I do know that the price of housing has gone up a lot.

We need a government policy all-out in favor of more, denser housing.