Mark Zandi Quotes

Quotes about:

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

  Mark Zandi

  Economy, Housing Market, Housing

  53 Copy quote

• Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?

  Mark Zandi

  Home, Two, Choices

  15 Copy quote

• 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.

  Mark Zandi

  Believe, Home, Years

  4 Copy quote

• If Mr. Trump gets precisely the policies he says he wants, then the economy will suffer a recession.

  Mark Zandi

  Suffering, Want, Economy

  Source: www.washingtonpost.com

  4 Copy quote

• Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

  Mark Zandi

  Country, Zero, Vegas

  7 Copy quote

• 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.

  Mark Zandi

  Fall, Keys, House

  16 Copy quote

• It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.

  Mark Zandi

  Fate, Reality, Government

  4 Copy quote

• Predicting recessions is indeed a dark art, but I think we are several years away from the next one.

  Mark Zandi

  Art, Dark, Thinking

  Source: www.washingtonpost.com

  4 Copy quote

• Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

  Mark Zandi

  Challenges, Perception, Economist

  4 Copy quote

• The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements - it's no longer a question of do we need to reduce spending in the future.

  Mark Zandi

  Mean, Needs, Addresses

  4 Copy quote

• Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general.

  Mark Zandi

  Home, Appreciate, Giving

  4 Copy quote

• The upshot of Mr. Trump's economic policy positions under almost any scenario is that the U.S. economy will be more isolated and diminished.

  Mark Zandi

  Economic, Economy, Trump

  Source: www.washingtonpost.com

  4 Copy quote

• The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages.

  Mark Zandi

  Party, Government, Tea

  4 Copy quote

• We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

  Mark Zandi

  Law, Ceilings, Needs

  "Fiscal cliff: hopes rise for deal as Jim DeMint quits Senate" by Richard Adams, www.theguardian.com. December 6, 2012.

  7 Copy quote

• They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny.

  Mark Zandi

  Hair, Years, America

  4 Copy quote

• An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy.

  Mark Zandi

  Rising, Today, Economy

  Source: www.washingtonpost.com

  4 Copy quote

• Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.

  Mark Zandi

  Creating, Credit, Today

  16 Copy quote

• The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive.

  Mark Zandi

  Government, Important, Times Of Crisis

  4 Copy quote

• The FHA's success provides strong evidence that government can and should play a role in the nation's mortgage finance system. It also demonstrates that although government intervention in the economy during the Great Recession was messy, things would have been a lot messier without it.

  Mark Zandi

  Strong, Government, Play

  4 Copy quote

• Global central banks are working hard to lift their economies through an aggressively easy monetary policy. The ECB [European Central Bank] and BOJ [Bank of Japan] are buying tens of billions of bonds and other financial securities each month in an effort to stimulate their economies, which is pushing down rates everywhere, including in the U.S.

  Mark Zandi

  Japan, Effort, Each Month

  Source: www.washingtonpost.com

  4 Copy quote

• There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.

  Mark Zandi

  Real, Mistake, Past

  4 Copy quote

• My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.

  Mark Zandi

  Helping, Republican, Democrat

  4 Copy quote

• There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.

  Mark Zandi

  Dark, Different, Flavor

  "A 40 Percent Chance of Economic Doom". Interview with Elizabeth Weingarten, www.slate.com. October 18, 2011.

  4 Copy quote

• The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession.

  Mark Zandi

  Holiday, Payroll Tax, Numbers

  "A 40 Percent Chance of Economic Doom". Interview with Elizabeth Weingarten, www.slate.com. October 18, 2011.

  4 Copy quote

• There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.

  Mark Zandi

  Weed, Banking, Growing

  4 Copy quote

Page 1 of 2

← Prev

1

2

Next →

• facebook
• twitter
• googleplus
• email
• linkedin