Housing Prices Quotes

In certain parts of the world - where I'm at right now in New York, you're going to pay a whole lot more. In Los Angeles, your average starter home is a million dollars. So I need more money in Los Angeles to live like a normal person. If I live in another city, Iowa maybe, I wouldn't need as much.

The government has brought on the housing problem, partly by these very low interest rates, which encouraged many people to go way out on a limb. They've brought it on by highly restrictive building policies, which have caused housing prices to skyrocket artificially. And they've brought it on by the Community Reinvestment Act, which presumes that politicians are better able to tell investors where to put their money than the investors themselves are. When you put all that together, you get something like what you have.

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

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures.

In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to the subprime area, there was little else that could be done to send housing prices higher.

I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.

It is almost impossible to open a newspaper without reading something about the London housing market. House prices are rising at such a rate that the vast majority of Londoners can't afford to buy, are being forced out of the boroughs they grew up in, or in the worst cases, are being made homeless. If nothing is done, people will continue to be driven out of the city and London will cease to be a hub for creativity and entrepreneurship.

One common way of judging whether housing's price is in line with its fundamental value is to consider the ratio of housing prices to rents. This is analogous to the ratio of prices to dividends for stocks.

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.

The youth of Taiwan not only have to face the harsh reality of low wages and high commodity and housing prices, but due to the lack of employment opportunities, many young people are forced to leave their home towns to search for jobs in the cities.

Until we stem the housing correction, until the biggest part of that is behind us and we have more stability in housing prices, we're going to continue to have turmoil in the financial markets.

Nothing would assure a recession more than a significant drop in housing prices.

In many cities, it's become popular to hate 'gentrifiers,' rich people who move in and drive up housing prices - pushing everyone else out.

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.

Montana is perfect for telecommuting because of the quality of life, because our housing prices in most communities are below the national average.

As a result of the policies of my government, black money in real estate sector has declined substantially, the prices of houses have come down and the dream of a normal middle class family for possessing their own house is being realised.

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.

Funny money has always been the reason housing prices have risen too fast. First, it was liar loans and negative-amortizing mortgages, where the total amount you owed increased rather than decreased every month. We all know how that ended, with the global financial crisis of 2008.

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.

So from the housing standpoint, steady as you go, I think, would be the best medicine.

Businesses and households react to lower rates by investing and spending more. Lower rates also support the prices of housing and financial assets such as stocks and bonds.

Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.