Bill Ackman Quotes

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

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.

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

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

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.

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.

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.

Congress created Fannie Mae in 1938 and Freddie Mac in 1970. For many years, these institutions prudently pursued their core mission of enhancing the availability of credit for housing.

I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.

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 have done a lot of work for affordable housing, rental housing. I understand the rap on me and other liberals is, oh, we push poor people into homeownership. And it's exactly the opposite of the case. We were trying to prevent those kinds of bad loans.

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 had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.

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

There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.

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.

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

The highest percentage of African Americans own their own homes today than ever in our nation's history.

I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that.

The American dream is still to own your home.

I grew up thinking that renting is perfectly normal. And then, strangely enough, I never did buy a house. I live in New York City, and I'm still renting. My own personal narrative shows that it is possible to live a respectable life without ever having owned a home.

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.

I got a rent-stabilized apartment in 1977, and that has made my life as an actor possible.