We’ve collected the best Housing Market Quotes from the greatest minds of the world: Annie Lowrey, Mark Zandi, Corey Harrison, Park Won-soon, Matthew Desmond. Use them as an inspiration.
Student loans are delaying retirements. They’re suppressing the housing market. They’re suffocating new business formation. They’re even leading young people to delay getting married and having children.
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 followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.
I had begun to worry about the housing market back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit standards to generate a greater volume of loans. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers – those with the weakest credit.