Warren Buffett Quotes

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

If you don’t own a home, buy one. If you own one home, buy another one, and if you own two homes buy a third and lend your relatives the money to buy a home.

Drive inexpensive cars, but own the best house you can afford.

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.

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.

While I encourage people to save 100% down for a home, a mortgage is the one debt that I don't frown upon.

Because the fees associated with a reverse mortgage are high, such loans make sense only for borrowers who expect to live in their home for a number of years.

I own a home in Sweden, I rent in both Los Angeles and in Britain, and I'm constantly travelling.

Some financial advisers say anyone who may move in less than seven years should not take out a reverse mortgage.

While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home.

If I find what I like, maybe in about five years we'll be able to afford to build a home in the country.

Individual households have become over-dependent on the appreciation of housing as a substitute for savings.

I always think the most important thing for a writer is a deadline, and it's the same with a house. They say you shouldn't make an emotional decision with a house, but I think it is the only decision you can make.

I've got four houses in my street. I live in two, and the others are empty. I'll buy more as they come up, because I think it would be great to have the entire street.

If I can't afford a house, or afford to keep it, I don't want to have it.

I got rid of my place in L.A. I had this beautiful condo in Taluca Lake, but I was like, 'Why am I paying for this when I'm all over?'

I told myself I never wanted to rent again. Even though it's a battle, I'm lucky cause I'm living in a cheaper part of the country. I just told myself I'm never going to do this again. I'm never gonna work, I'm never going to pay somebody rent again. I'm never going to sign another lease at least.

Of my investments that have been realised, buying my first house turned out to be a pretty good move, which I didn't really realise at the time.

Owning your own home is America's unique recipe for avoiding revolution and promoting pseudo-equality at the same time. To keep citizens puttering in their yards instead of sputtering on the barricades, the government has gladly deprived itself of billions in tax revenues by letting home owners deduct mortgage interest payments.

Even though some down payments are borrowed, it would take a large, and historically most unusual, fall in home prices to wipe out a significant part of home equity. Many of those who purchased their residence more than a year ago have equity buffers in their homes adequate to withstand any price decline other than a very deep one.

I had a plan ever since I was nine years old, when I said "Mama, I'm a buy you a nice house and pretty dresses." That was the plan, that was my goal.

I used to have a house in London, but couldn't face 20 more years of St John's Wood in the rain.

I live in a Spanish-style hillside home in Los Angeles, California. I paid $900,000 in 1995. It's perhaps worth about $3m now. Thankfully, I paid off my mortgage before the crash because I could see it coming. I worried that I would be caught having to pay off a very high mortgage for a house I couldn't sell.

I want to buy a house. I want to retire well. I want to have baby.

How do you think we have the home mortgage deduction? We have it because way back when it was determined that the American dream equaled home ownership. And everybody knows that the vast majority of the American people will never be able to write a check for a house. You have to finance it.