Mark Zandi Quotes (44 quotes)

Picture of quotation author Mark Zandi
„We're getting job creation in healthcare and educational services. We've been getting that all along. It's demographically driven, it's funded by the government, and that's held up.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„There is no better way to quickly buoy hard-pressed homeowners than helping them take advantage of the currently record low fixed mortgage rates and significantly reduce their monthly mortgage payments.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„It has become fashionable to rail against government intervention in the economy, and the FHA is a favorite example by those trying to show the government's overreach. In reality, the FHA shows how government action during the Great Recession forestalled a much worse economic fate.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„The average credit score of today's FHA borrowers is higher than the average American household with a score. As it becomes more costly and difficult to get a FHA loan, loans from private mortgage lenders will become more attractive and their market share will grow.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„Yes. I don't think it would be appropriate at this point to raise taxes on anyone, certainly not in 2011.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„I've done work for both Democrats and Republicans.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„I'm a registered Democrat.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„I only have two things in my life, my family and work. If there's any time left over, then I play sports.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„We need to get rid of the debt ceiling law. It's anachronistic and it's a problem.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„The clearest way to cut some of this fiscal drag would be to extend the current payroll tax holiday and increase it - as proposed by President Barack Obama. This would cut the fiscal drag by almost half.“
― Mark Zandi ―
Picture of quotation author Mark Zandi
„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 ―
Picture of quotation author Mark Zandi
„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 ―

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Author information

Mark Zandi
Nationality: American
Author Profession: Economist

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