Edmund Phelps Quotes

Many a man who pays rent all his life owns his own home; and many a family has successfully saved for a home only to find itself at last with nothing but a house.

Owning a home is a keystone of wealth - both financial affluence and emotional security.

The American dream is still to own your home.

I have been mislabeled as a big advocate of low-income home ownership over rental.

Your mortgage shouldn't have been treated as a wager - it should be a way to provide a home and financial stability for you and your family.

I bought my first house at 19-years old.

We don't know, ultimately, if we'll end up in San Francisco, but we're talking about keeping the house. It would be nice to always have a place here.

Well I am afraid that I am going to die, because I have just put a down payment on a house.

As Realtors, you live and breathe the American dream.

I'm a product of public housing. My parents grew up poor, but their dream was to own a home.

Democrats and Republicans have been very keen to make home ownership almost a national purpose.

It's cheaper to buy a house and finance it than it is to rent in many markets.

It's fair to say that, for much of my lifetime, New Zealand certainly was a property-owning democracy and working people, ordinary people, had assets.

I have a few homes, and Los Angeles is certainly one of them.

My family never owned a home. We leased.

If you rent, that's it. You don't have to pay any interest to anybody. You don't have to pay any maintenance costs to anybody. You don't have to worry about whether the boiler is going to break down. While if you own your own home, you have a hundred aggravations.

I've never been the type of guy that's ever needed a lot of things or any fancy things, but my lifelong goal has always been to have a piece of land and a house.

For my constituents, owning a home is the culmination of many years of hard work and the realization of the American Dream. At no time should a local entity take those years of hard work solely to increase their tax revenue.

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

Many savers are also homeowners; indeed, a family's home may be its most important financial asset. Many savers are working, or would like to be.

The most critical factor subduing the demand for housing is that home ownership is no longer seen as the great, long-term buildup in equity value it once was.

More Americans own their home than ever before. Nearly 70 percent of American's are homeowners. So it is a good time for us to asses the positive impacts of homeownership on families, communities and on the nation's economy.

For many of us, owning a home signaled a passage into adulthood that coincided with the start of a career and family.

For most, the largest asset is their home. This becomes a sentimental issue, I know, but if you're holding on to a home that you can no longer afford - or you need the liquidity - you need to think about solutions. One might be to bring in a tenant or roommate; a more drastic measure is to sell the home and downsize.

Part of the American dream is to own your own property - something no one can take from you.