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Mark Zandi Quotes


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Quotes by Mark Zandi

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They called me the sexiest economist in America, and that was years ago, when I had hair and body mass and my teeth were shiny.

~Mark Zandi

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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

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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

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Indeed, the FHA was born out of the Great Depression, which was also caused in significant part by a foreclosure crisis. Mortgages in the early 1930s were mostly three- to five-year 'bullet' loans, which did not amortize and were due in full at maturity.

~Mark Zandi

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Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say.

~Mark Zandi

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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

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We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.

~Mark Zandi

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It is easy to be pessimistic. These are extraordinarily difficult times, and the collective psyche is teetering. But we are closer to righting the wrongs that got us into this economic mess than most of us believe.

~Mark Zandi

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Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.

~Mark Zandi

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Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense.

~Mark Zandi

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Biography

Nationality: American

Type: Economist

Born: Unknown

Links

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