Gone Quote by Franklin Raines
“That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this.”
About This Quote
Source Speech: Economic outlook, 2006
Housing prices are expected to keep rising because they have never declined historically.
In simple terms: Home values are predicted to increase.
Key Takeaway
Plan finances assuming rising property values.
Themes
economics
real estate
forecasting
Mood
cautious
analytical
Type
financial
practical
When to use this quote
- home buying
- mortgage planning
- budgeting
Key Concepts
market cycles
inflation
investment
Questions to Reflect On
- How will you protect against a market downturn?
- What alternative investments could diversify risk?
A Different Perspective
Historical trends can break unexpectedly.
![“[T]he "home" represents the most precious human treasures, that of encounter, that of relations among people, different in age, culture and history, but who live together and together help one another to grow. For this reason, the "home" is a crucial place in life, where life grows and can be…” quote by Pope Francis](https://sms4smile.com/quotes/img-quotes/bba/pope-francis-85_age_t-he-home-represents-the-most-precious-h_1887532.jpg)
