#housing

I have been to the Occupied Palestinian Territory, and I have witnessed the racially segregated roads and housing that reminded me so much of the conditions we experienced in South Africa under the racist system of Apartheid. ↗

— Desmond Tutu

#apartheid #been #conditions #experienced #housing

Quality, affordable housing is a key element of a strong and secure Iowa. ↗

— Thomas Vilsack

#affordable housing #element #housing #iowa #key

A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013. ↗

— Mark Zandi

#begun #believe #construction #corner #crash

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. ↗

— Mark Zandi

#akron #areas #average #between #certain

Our economy isn't going to recover until the housing market finds its footing. ↗

— Mark Zandi

#finds #footing #going #housing #housing market

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

— Mark Zandi

#came #control #fiasco #housing #industry

The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses. ↗

— Mark Zandi

#because #below #currently #distressed #fall

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 Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them. ↗

— Mark Zandi

#around #belongs #blame #bubble #causing

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

One of the great joys this year and the year before has been how all of the people in this body, men and women, Republicans and Democrats, have worked together so well with our chairman and the chairman of the full committee to address the issues of housing for our soldiers. ↗

— Robin Hayes

#been #before #body #chairman #committee