Housing Crisis Quotes

• Anyone that says the housing crisis can be resolved with one magic bullet or by the next election isn't being honest.

  David Lammy

  Magic, Bullets, Next

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• The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors - including all of the big investment banks - bet too heavily on the housing market in the years before 2007.

  James Surowiecki

  Years, Facts, Financial

  "The Goldman Hearings: Levin vs. Wall Street". www.newyorker.com. April 27, 2010.

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• In fact, Donald [Trump] was one of the people who rooted for the housing crisis.

  Hillary Clinton

  People, Facts, Trump

  Transcript: First presidential debate at Hofstra University, www.cbsnews.com. September 27, 2016.

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• It took us years to get into the mess that we got ourselves in at the end of 2008, and it's going to take a while to get us out. We lost eight million jobs, we saw a financial system near collapse, we have a continuing housing crisis that we're making progress on dealing with.

  Robert Gibbs

  Jobs, Eight, Years

  "Meet the Press" with David Gregory, www.nbcnews.com. October 17, 2010.

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• The housing crisis may not be the worst thing that's happened to New York City because it was becoming impossible for some of the young doctors, for some of the young artists, for some of the people that make the city so special to be able to live here.

  Juan Enriquez

  New York, Artist, Doctors

  "Big Think Interview With Juan Enriquez". Interview with Austin Allen, bigthink.com. November 9, 2009.

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• I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into the abusive lending and packaging of risky mortgages that led to the housing crisis. This new unit will hold accountable those who broke the law, speed assistance to homeowners, and help turn the page on an era of recklessness that hurt so many Americans.

  Barack Obama

  Hurt, Law, Special

  Third Presidential State of the Union Address, delivered 24 January 2012, Washington, D.C.

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• Unfortunately, throughout the housing crisis we've seen innocent homeowners who have been victims of shady mortgage lenders and unscrupulous individuals who have used a down market to line their own pockets at the expense of others. This bill is designed to send a message by revising our laws to ensure criminals are brought to justice and that law enforcement has the tools to uncover these fraudulent schemes and go after the bad actors. Criminals should be put on notice that ripping off homeowners and taxpayers won't be tolerated.

  Chuck Grassley

  Law, Justice, Enforcement

  "Congress Targets Mortgage Fraud: Justice for Victims, Jail for the Guilty". Tri-State Defender, February 12, 2009.

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• Gaza will become part of sovereign Israel and will be populated by Jews. This will also serve to ease the housing crisis in Israel

  Moshe Feiglin

  Israel, Ease, Sovereign

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• I bought a house right before the housing crisis happened. So I paid too much and then I was stuck with it for a long time. So that was sad for me. I was like, "I'd better make a movie about this to get it out of my system."

  Hamish Linklater

  Long, House, Too Much

  Source: screenrant.com

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• Louisville, Colorado, which was just voted by CNN and Money magazine as the best place to live, is a veritable Whitopia that is unaffected by the housing crisis and even the severe recession. You look at the best places to live, according to Money's 2009 list, and 9 of the 10 are Whitopias.

  Richard Benjamin

  Cnn, Colorado, Louisville

  "Journey into the Heart of Whiteness". Interview with Elizabeth Gettelman, www.motherjones.com. December 23, 2009.

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