#using

TV and the press have always functioned according to the same sets of rules and technical standards. But the Internet is based on software. And anybody can write a new piece of software on the Internet that years later a billion people are using. ↗

— Marc Andreessen

#always #anybody #based #billion #internet

The absurd consequences of neglecting structure but using the concept of order just the same are evident if one examines the present terminology of information theory. ↗

— Rudolf Arnheim

#concept #consequences #evident #examines #information

I never cared for fashion much, amusing little seams and witty little pleats: it was the girls I liked. ↗

— David Bailey

#cared #fashion #i #liked #little

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

I'm cautious about using fire. It can become theatrical. I am interested in the heat, not the flames. ↗

— Andy Goldsworthy

#am #become #cautious #fire #flames