"Housing was ground zero for the Great Recession.……" — Mark Zandi
"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."
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Mark Zandi
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44 Quotes by Mark Zandi
Mark Zandi has 44 quotes on this site.
A few more worth reading:
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No one should expect the value of their house to appreciate quickly - counting on your home to be a…
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There is a banking adage that if it's growing like a weed, it's a good chance that it's a weed.
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Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.
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A home is still the biggest asset that most Americans own.
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In a normal time, I don't think economic policy makes a large difference one way or another. But in times…
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Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch…
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I've done work for both Democrats and Republicans.
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I only have two things in my life, my family and work. If there's any time left over, then I…
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A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction…
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Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's…
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The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets.
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The discussion in Washington has changed dramatically. I mean, it's no longer a question of should we address entitlements -…
See all 44 quotes by Mark Zandi »
More Across Quotes
This quote is filed under Across Quotes,
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The School Energy Crisis Relief Act authorizes the Secretary of Energy to issue energy assistance grants to help the poorest…
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Emigration, forced or chosen, across national frontiers or from village to metropolis, is the quintessential experience of our time.
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Philately is normally a boys' hobby but for some reason it was in vogue at my junior school. Between the…
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If across the Atlantic the ideology was pride, here it is delivering the goods.
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But it's not just the cattle producers, it's all the attendant industries like transport and shipping and feed producers and…
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