Bubbles Quote by Warren Buffett

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…

— Mark Zandi

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all…

— Warren Buffett

The reality is that not only were we massively hit in 2008 when the bubble burst, and then we realized how deep the social…

— Edgar Ramirez

The Nasdaq bubble and crash were followed by the real estate bubble then subprime crash, which led to the unprecedented printing of trillions of…

— Robert Kiyosaki

The biggest culprits in the housing fiasco came from the private sector, and more specifically from a mortgage industry that was out of control.

— Anonymous

We went into a recession in 2008 because of gasoline prices. The bubble burst in housing because people couldn’t pay their mortgages because of…

— Rick Santorum

The housing market it at a record high that its never been at also.

— Eric Bolling

One of the first big bubbles, of course, was the huge and horrible South Sea Bubble in England. And the aftermath was interesting. Many…

— Charlie Munger

“Back in July 2003, he’d written them a long essay on the causes and consequences of what he took to be a likely housing…

— Michael Lewis

You have a real asset-price bubble in places like parts of California and the suburbs of Washington, D.C.

— Charlie Munger

The glue that kept the consumer market together the last few years was the wealth effect from the housing boom.

— Joel C. Rosenberg

But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that…

— Warren Buffett