#om

My best evenings are at home with my lady. ↗

— Billy Zane

#evenings #home #lady

What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies. ↗

— Fareed Zakaria

#american economy #because #developments #economy #envy

Whenever societies do well, they believe that there is something in their cultural DNA that made it happen. ↗

— Fareed Zakaria

#cultural #dna #happen #made #societies

Whenever someone says the word community, I want to reach for an oxygen mask. ↗

— Fareed Zakaria

#i #mask #oxygen #reach #says

You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks. ↗

— Fareed Zakaria

#capital #cheap #cost #credit #down

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

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall. ↗

— Mark Zandi

#fall #grows #home #often #prices

In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break. ↗

— Mark Zandi

#break #forbearance #full #giving #helps

In the fourth grade, my history teacher gave us a project: Why was the auto industry located in Detroit, Michigan? I didn't know I was going to be an economist, but I knew I was going to do something that was involved in answering questions like that one because I thought that was a fascinating question. ↗

— Mark Zandi

#auto #auto industry #because #detroit #economist

Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general. ↗

— Mark Zandi

#been #break #costs #cover #demand