#housing

And so the danger for the housing industry is if we see interest rates rise. ↗

— Franklin Raines

#housing #industry #interest #rates #rise

So from the housing standpoint, steady as you go, I think, would be the best medicine. ↗

— Franklin Raines

#go #housing #i #i think #medicine

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California. ↗

— Alice Rivlin

#california #especially #gas #gas prices #going

If the economy grows, housing gets better, quicker. ↗

— Jamie Dimon

#economy #gets #grows #housing #quicker

Consider the recent financial crisis and its link to faulty reward systems. President Bill Clinton's objective of increasing homeownership by rewarding potential home buyers and lenders is one example. The Clinton administration "went to ridiculous lengths" to increase homeownership in the United State, promoting "paper-thin down payments" and pushing lenders to give mortgage loans to unqualified buyers according to Business Week editor Peter Coy. ↗

— Max H. Bazerman

#economics #ethics #housing-bubble #business