Grant Shapps Quotes

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

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.

For resident stability, I fully agree with the government's stance that stabilizing the housing market should be the first and foremost step.

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.

By the late 1980s people realized that houses did not always appreciate and that they could fluctuate like any other market commodity.

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.

The average person that lives in Sydney, if they want to buy a house in Sydney, that shouldn't be out of reach for them.

House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.

When I bought my house in L.A., that was the best business decision I ever made, until the housing market crashed, and it became the worst business decision I ever made.

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.

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.

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.

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.

If stocks double but the dollar loses half its value, who beyond Wall Street are the winners and losers?

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.

No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come.

Let us not forget, the financial crisis had its roots in the decision by Congress to embark on a course of social justice to get everyone that wanted a home into one, regardless of whether or not they could afford it.

The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.

The secret I've lived by ever since I started earning money is this: Always buy a house with an extra bedroom adjoining the master. And that's always my closet.

The first thing I did when my career started moving was to buy a small house.

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

Owning your own home is America's unique recipe for avoiding revolution and promoting pseudo-equality at the same time.

Every family in America has the right to live anywhere they can afford.

Home ownership is the cornerstone of the American dream.

There is a reason so many Americans choose to develop their net worth through homeownership: It is a proven wealth builder and savings compeller.