#housing

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. ↗

— Mark Zandi

#broader #bubble #calamity #contrast #creating

So much value has been lost in the housing market that people are now buying. If there's any activity in the housing market, it's because values have plummeted to such depths that the 47% can now afford to live in a government-purchased house, or something like that. ↗

— Rush Limbaugh

#afford #any #because #been #buying

Some people, they got housing loans, and I think they're responsible for taking a loan they didn't qualify for? ↗

— Jon Lovitz

#housing #i #i think #loan #loans

In housing in the fifties in Britain and the sixties, we pulled down the terraces - destroyed whole communities and replaced them with tower blocks and we built walkways that became rat-runs for muggers. That was the fashionable opinion. But it was wrong. ↗

— John Major

#blocks #britain #built #communities #destroyed

One area in which we can be certain mass immigration has an effect is housing. More than one third of all new housing demand in Britain is caused by immigration. And there is evidence that without the demand caused by mass immigration, house prices could be 10% lower over a 20-year period. ↗

— Theresa May

#britain #caused #certain #could #demand