--- title: "1 Blame Housing Quotes By Mark Zandi" description: "1 Blame Housing quotes by Mark Zandi. Plus more from Mark Zandi and more Blame Housing sayings from other authors." image: "https://sms4smile.com/quotes/i/0ec/mark-zandi-12567_blame_there-is-plenty-of-blame-to-go-around-fo_2746309.jpg" --- > [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…](https://sms4smile.com/quotes/mark-zandi/there-is-plenty-of-blame-to-go-around-for-the-u-s-housing-bubble-but/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) [Image](https://sms4smile.com/quotes/i/0ec/mark-zandi-12567_blame_there-is-plenty-of-blame-to-go-around-fo_2746309.jpg) ## More by Mark Zandi > [Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.](https://sms4smile.com/quotes/mark-zandi/our-biggest-challenge-is-to-eliminate-the-popular-perception-that/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes…](https://sms4smile.com/quotes/mark-zandi/in-a-normal-time-i-don-t-think-economic-policy-makes-a-large/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the…](https://sms4smile.com/quotes/mark-zandi/it-is-easy-to-be-pessimistic-these-are-extraordinarily-difficult/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your…](https://sms4smile.com/quotes/mark-zandi/no-one-should-expect-the-value-of-their-house-to-appreciate-quickly/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and…](https://sms4smile.com/quotes/mark-zandi/we-re-getting-job-creation-in-healthcare-and-educational-services-we/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.](https://sms4smile.com/quotes/mark-zandi/there-are-different-flavors-of-recession-you-can-get-into-some-pretty/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.](https://sms4smile.com/quotes/mark-zandi/buying-a-home-wouldn-t-make-much-sense-if-house-prices-were-likely-to/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [I'm a registered Democrat.](https://sms4smile.com/quotes/mark-zandi/i-m-a-registered-democrat/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax…](https://sms4smile.com/quotes/mark-zandi/now-i-do-think-when-we-move-into-2012-and-13-when-presumably-the/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [At the center of every recession is a serious imbalance in the economy and mirrored in the financial system. Think subprime mortgage and the…](https://sms4smile.com/quotes/mark-zandi/at-the-center-of-every-recession-is-a-serious-imbalance-in-the/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and…](https://sms4smile.com/quotes/mark-zandi/there-is-no-better-way-to-quickly-buoy-hard-pressed-homeowners-than/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and…](https://sms4smile.com/quotes/mark-zandi/the-average-credit-score-of-today-s-fha-borrowers-is-higher-than-the/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [An overheating economy, characterized by accelerating inflation and rising interest rates, is another precondition for recession. This doesn't describe today's economy.](https://sms4smile.com/quotes/mark-zandi/an-overheating-economy-characterized-by-accelerating-inflation-and/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [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…](https://sms4smile.com/quotes/mark-zandi/too-easy-credit-and-millions-of-bad-loans-made-during-the-u-s-housing/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.](https://sms4smile.com/quotes/mark-zandi/distressed-properties-are-often-vacant-and-in-disrepair-and-thus-sold/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "ItemList", "@id": "https://sms4smile.com/quotes/about/blame-housing/mark-zandi/#itemlist", "name": "1 Blame Housing Quotes By Mark Zandi", "numberOfItems": 1, "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@type": "Quotation", "text": "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. 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