Kevin O'Leary Quotes

Our economy isn't going to recover until the housing market finds its footing.

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

Once the housing market begins to recover, I would phase out the mortgage tax deduction.

The confidence is really driven by the woman - whether she can have the confidence that there will be enough earning or income to finance all the domestic spending - but also by the middle-income class, which for many Asian countries has become the growth power for the economy.

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

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

Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.

The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they're going to want their apartments and homes. And that's when you'll start to see a recovery in home prices.

Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

America's real business leaders understand unless or until the middle class regains its footing and its faith, capitalism remains vulnerable.

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors.

It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use.

With Americans worried about losing their jobs, their savings, their homes and their chance at the American Dream, the New Direction Congress will work in a bipartisan way to lift our economy and help America's middle class.

I'm hoping there'll be, if not a boom, then a big pick-up in housing because if that happens, then it will employ a lot of people, and the domino effect will go through the community, and it will help everyone.

Preserving the 30-year prepayable fixed-rate mortgage - it's like the bedrock of the housing system - is critical.

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.

The financial security of all Americans - their retirement savings, their home values, their ability to borrow for college, and opportunities for more and higher-paying jobs - depends on our ability to restore our financial institutions to sound footing.

When the consumer is strong, the American economy will be strong, so consumer protection actually serves economic growth and economic progress.

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.

When Americans are worried about losing their jobs, their savings, their homes and their chance at the American Dream, Congress and the president must work together to lift our economy and restore hope. That is the course the New Direction Congress will continue in the days and weeks ahead.

In a speech at the just-concluded G20 summit in London, President Obama urged Americans not to let their fears crimp their spending. It would be unwise, he argued, for Americans to let the fear of job loss, lack of savings, unpaid bills, credit card debt or student loans deter them from making major purchases. According to the president, 'we must spend now as an investment for the future'....instead of saving for the future, we must spend for the future.

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

When people are able to live at home, they have more disposable income. That part is good for the economy.

The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.

When you feel house poor, you don't buy anything. Housing immediately impacts the job numbers because there are so many housing-related jobs within the industry, and in adjacent industries.