Mark Zandi Quotes


The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets. Mark Zandi Uncategorized 77
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 Uncategorized 71
There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly. Mark Zandi Uncategorized 65
A home is still the biggest asset that most Americans own. Mark Zandi Uncategorized 52
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 Uncategorized 43
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 Uncategorized 42
Our biggest challenge is to eliminate the popular perception that economists don't have anything useful to say. Mark Zandi Uncategorized 38
The extension and expansion of the payroll tax holidays for workers would be number one on my list and key to avoiding recession Mark Zandi Uncategorized 33
The Tea Party was born out of the disgust many Americans felt early in the financial crisis upon learning that the federal government was even contemplating reducing the principal on some troubled mortgages. Mark Zandi Uncategorized 33
The most important point is, in a time of crisis, there is no way out but for the government to be bold and aggressive. Mark Zandi Uncategorized 33
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 Uncategorized 31
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 Uncategorized 30
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 Uncategorized 28
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 Uncategorized 28
My policy is I will help any policymaker who asks, whether they be a Republican or a Democrat. Mark Zandi Uncategorized 25
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes. Mark Zandi Uncategorized 24

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Mark Zandi Quotes

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