#prices

It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use. ↗

— Mark Zandi

#distressed #economy #engage #fully #house

No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come. ↗

— Mark Zandi

#come #counting #expect #generally #home

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

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs. ↗

— Herbert Hoover

#credit #jobs #lifeblood #me #prices

A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself. ↗

— Ben Bernanke

#day #every #every day #gold #gold standard

We must have a relentless commitment to producing a meaningful, comprehensive energy package aimed at conservation, alleviating the burden of energy prices on consumers, decreasing our country's dependency on foreign oil, and increasing electricity grid reliability. ↗

— Paul Gillmor

#alleviating #burden #commitment #comprehensive #conservation

While there are many influences on gas prices in America, I believe the passage of a national energy bill will help relieve this burden on our country. ↗

— Paul Gillmor

#believe #bill #burden #country #energy

Drilling in the refuge will not solve America's energy problem. The Energy Department's own figures show that drilling would not change gas prices by more than a penny a gallon, and this would be 20 years from now. ↗

— Lois Capps

#change #department #drilling #energy #figures

In 1973, America imported 30 percent of its crude oil needs. Today, that number has doubled to more than 60 percent. Gas prices are as high as they are now in part because we've had no comprehensive national energy policy for the past few decades. ↗

— Gary Miller

#because #comprehensive #crude #crude oil #decades