Mortimer Zuckerman Quotes

Well, real estate is always good, as far as I'm concerned.

The best time to buy a home is always five years ago.

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.

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

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

I always felt very secure and very safe with real estate. Real estate always appreciates.

That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this.

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.

The London property market has excellent investment opportunities.

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.

If you can't afford the upkeep of your home, it makes no sense to do a reverse mortgage. You will just end up having to sell eventually when you realize you can't afford the home, and whether you have any equity left after the sale depends on the size of the reverse loan that must be settled.

The American dream is still to own your home.

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.

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.

You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.

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.

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.

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.

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

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

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.

People aren't as impressed by homes anymore after they saw how they collapsed in price with the financial crisis.

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 still think buying a home is the best investment any individual can make.

I think that every homeowner has a fascination with real estate. You can't deny that it's such a huge player in our finances. It's probably the most expensive thing you'll ever purchase, so you're forced to pay attention.