--- title: "Meaning & Key Takeaway of: Until we stem the housing correction…" description: "\"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..." image: "https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg" --- # Until we stem the housing correction, until the biggest… ![“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.” quote by Henry Paulson](https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg) [Download](https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg) [Open image](https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg) > “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.” [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Stresses that housing market stability is key to overall market calm; until then volatility persists. **In simple terms:** Housing stability calms markets. Key Takeaway Monitor housing trends closely. Themes economics stability risk management Mood cautious analytical Type economic strategic When to use this quote - investment strategy - policy planning - personal finance Key Concepts market cycles housing correction Questions to Reflect On - What other factors could cause market instability? - How can investors hedge against housing volatility? A Different Perspective Housing may not be the sole driver of market turmoil. ★ ★ ★ ★ ★ No ratings yet [Financial Market](https://sms4smile.com/quotes/about/financial-market/) [Housing](https://sms4smile.com/quotes/about/housing/) [Stability](https://sms4smile.com/quotes/about/stability/) ## Related quotes > [Housing is stability. Housing is dignity. Housing is absolutely necessary, critical infrastructure.](https://sms4smile.com/quotes/raphael-warnock/housing-is-stability-housing-is-dignity-housing-is-absolutely/) [Raphael Warnock](https://sms4smile.com/quotes/author/raphael-warnock/) > [“The simple measure of sanity in housing prices, Zelman argued, was the ratio of median home price to income. Historically, in the United States,…](https://sms4smile.com/quotes/michael-lewis/the-simple-measure-of-sanity-in-housing-prices-zelman-argued-was-the/) [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) > [Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or…](https://sms4smile.com/quotes/bill-gross/americans-now-know-that-housing-prices-can-go-down-and-they-can-go/) [Bill Gross](https://sms4smile.com/quotes/author/bill-gross/) > [The myth is that if housing prices go up, Americans will be richer. What banks - and behind them, the Federal Reserve - really…](https://sms4smile.com/quotes/michael-hudson/the-myth-is-that-if-housing-prices-go-up-americans-will-be-richer/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) > [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…](https://sms4smile.com/quotes/glenn-kelman/funny-money-has-always-been-the-reason-housing-prices-have-risen-too/) [Glenn Kelman](https://sms4smile.com/quotes/author/glenn-kelman/) > [The government has brought on the housing problem, partly by these very low interest rates, which encouraged many people to go way out on…](https://sms4smile.com/quotes/thomas-sowell/the-government-has-brought-on-the-housing-problem-partly-by-these/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [Everybody would be better off if they could buy housing for only, let's say, a carrying charge of one-quarter of their income. That used…](https://sms4smile.com/quotes/michael-hudson/everybody-would-be-better-off-if-they-could-buy-housing-for-only-let/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) > [We all know that housing prices are going up, but what most people don't realize is that this has become a family problem. Housing…](https://sms4smile.com/quotes/amelia-warren-tyagi/we-all-know-that-housing-prices-are-going-up-but-what-most-people-don/) [Amelia Warren Tyagi](https://sms4smile.com/quotes/author/amelia-warren-tyagi/) > [“Dublin housing prices are a lot like New York ones, except that in New York, you get New York for your money.”](https://sms4smile.com/quotes/tana-french-the-likeness/dublin-housing-prices-are-a-lot-like-new-york-ones-except-that-in-new/) Tana French The Likeness > [Actually, high housing prices don't help the economy. 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We can only control that rate. Long-term interest…](https://sms4smile.com/quotes/mario-draghi/the-insurance-companies-do-not-refer-to-the-key-policy-rate-when-they/) [Mario Draghi](https://sms4smile.com/quotes/author/mario-draghi/) > [Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and…](https://sms4smile.com/quotes/sigmar-gabriel/taming-the-financial-markets-and-winning-back-democratic-control-over/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) ## More by Henry Paulson > [If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets,…](https://sms4smile.com/quotes/henry-paulson/if-a-financial-institution-has-business-operations-in-the-united/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.](https://sms4smile.com/quotes/henry-paulson/it-is-the-policy-of-the-federal-government-to-use-all-resources-at/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [A state-based regulatory system is quite burdensome. It allows price controls to create market distortions. It can hinder development of national products and can…](https://sms4smile.com/quotes/henry-paulson/a-state-based-regulatory-system-is-quite-burdensome-it-allows-price/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past…](https://sms4smile.com/quotes/henry-paulson/well-as-you-know-we-re-working-through-a-difficult-period-in-our/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is…](https://sms4smile.com/quotes/henry-paulson/i-look-forward-to-the-day-when-china-has-a-truly-market-determined/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Indian-Americans are physicians, engineers, CEOs, professors, teachers, entrepreneurs. They are a vital part of the United States' economic and social fabric. Because of this…](https://sms4smile.com/quotes/henry-paulson/indian-americans-are-physicians-engineers-ceos-professors-teachers/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [When it comes to the presidency, I will not vote for Donald Trump.](https://sms4smile.com/quotes/henry-paulson/when-it-comes-to-the-presidency-i-will-not-vote-for-donald-trump/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [America is the land of opportunity. 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I think the challenge is Donald…](https://sms4smile.com/quotes/henry-paulson/i-do-not-believe-the-united-states-and-the-americans-are-going-to-let/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Too often, we restrict trade that would create U.S. jobs and is in our national interest.](https://sms4smile.com/quotes/henry-paulson/too-often-we-restrict-trade-that-would-create-u-s-jobs-and-is-in-our/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.](https://sms4smile.com/quotes/henry-paulson/our-overriding-goal-in-restructuring-our-financial-architecture/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the…](https://sms4smile.com/quotes/henry-paulson/i-think-history-shows-that-countries-have-to-have-some-kind-of-a/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [We don't have the necessary laws or powers to deal with failing non-bank institutions. If they're a big bank, the depositor has deposit insurance,…](https://sms4smile.com/quotes/henry-paulson/we-don-t-have-the-necessary-laws-or-powers-to-deal-with-failing-non/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) > [U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is…](https://sms4smile.com/quotes/henry-paulson/u-s-exports-to-china-have-more-than-quintupled-since-china-entered/) [Henry Paulson](https://sms4smile.com/quotes/author/henry-paulson/) [Explore all 174 Henry Paulson quotes ](https://sms4smile.com/quotes/author/henry-paulson/) ## More Continue quotes > [I hope I continue to evolve.](https://sms4smile.com/quotes/charlotte-flair/i-hope-i-continue-to-evolve/) [Charlotte Flair](https://sms4smile.com/quotes/author/charlotte-flair/) > [I'm very proud of some of the stories I've been given thanks to the team at 'Emmerdale,' they've been great over the years so…](https://sms4smile.com/quotes/kelvin-fletcher/i-m-very-proud-of-some-of-the-stories-i-ve-been-given-thanks-to-the/) [Kelvin Fletcher](https://sms4smile.com/quotes/author/kelvin-fletcher/) > [Sometimes, when full and in fear that I will continue to eat unwanted food just because it's staring at me, I will place my…](https://sms4smile.com/quotes/rachel-nichols/sometimes-when-full-and-in-fear-that-i-will-continue-to-eat-unwanted/) [Rachel Nichols](https://sms4smile.com/quotes/author/rachel-nichols/) > [Trends that can't continue, won't.](https://sms4smile.com/quotes/herbert-stein/trends-that-can-t-continue-won-t/) [Herbert Stein](https://sms4smile.com/quotes/author/herbert-stein/) > [Though my grandmother had picked up modern ideas in America, she still had some conflicting 19th-century Irish notions. She believed that daughters, educated though…](https://sms4smile.com/quotes/rosemary-mahoney/though-my-grandmother-had-picked-up-modern-ideas-in-america-she-still/) [Rosemary Mahoney](https://sms4smile.com/quotes/author/rosemary-mahoney/) > [“...continue on the right path. You have potential...Don't give up. Don't let yourself get down and quit studying or fighting for what you want.…](https://sms4smile.com/quotes/isabela-pamelli-martins/continue-on-the-right-path-you-have-potential-don-t-give-up-don-t-let/) Isabela Pamelli Martins > [Fossil fuels, including oil, are running out and supplies are getting harder to find. If we do nothing, prices will continue to rise and…](https://sms4smile.com/quotes/lucy-powell/fossil-fuels-including-oil-are-running-out-and-supplies-are-getting/) [Lucy Powell](https://sms4smile.com/quotes/author/lucy-powell/) > [Push yourself every single day to continue to work at yourself. 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The way to do that is not to go…](https://sms4smile.com/quotes/chris-cornell/i-ve-had-a-long-career-and-i-want-to-continue-to-have-a-long-career/) [Chris Cornell](https://sms4smile.com/quotes/author/chris-cornell/) > [I'll just continue doing what I'm doing until I'm told otherwise.](https://sms4smile.com/quotes/rob-page/i-ll-just-continue-doing-what-i-m-doing-until-i-m-told-otherwise/) [Rob Page](https://sms4smile.com/quotes/author/rob-page/) > [“Continue with whatever it is that you have been doing, except for attachment-abhorrence. 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Young](https://sms4smile.com/quotes/author/william-p-young/) Browse all 2,414 Continue quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Henry Paulson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/henry-paulson/until-we-stem-the-housing-correction-until-the-biggest-part-of-that/", "about": { "@type": "Thing", "name": "Continue" }, "@id": "https://sms4smile.com/quotes/henry-paulson/until-we-stem-the-housing-correction-until-the-biggest-part-of-that/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg", "contentUrl": "https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg", "url": "https://sms4smile.com/quotes/i/8f9/henry-paulson-2282_continue_until-we-stem-the-housing-correction-unt_978458.jpg", "width": 1080, "height": 1080, "caption": "“Until we stem the housing correction, until the biggest part of that is behind us and we have more stability…” — Henry Paulson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Henry Paulson", "item": "https://sms4smile.com/quotes/author/henry-paulson/" }, { "@type": "ListItem", "position": 4, "name": "Until we stem the housing correction,...", "item": "https://sms4smile.com/quotes/henry-paulson/until-we-stem-the-housing-correction-until-the-biggest-part-of-that/" } ], "@id": "https://sms4smile.com/quotes/henry-paulson/until-we-stem-the-housing-correction-until-the-biggest-part-of-that/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```