More From 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."
- "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."
- "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."
More In Success
- "Whenever we seek to avoid the responsibility for our own behavior, we do so by attempting to give that responsibility to some other individual or organization or entity. But this means we then give away our power to that entity."― M. Scott Peck
- "No foreign policy – no matter how ingenious – has any chance of success if it is born in the minds of a few and carried in the hearts of none."― Henry A. Kissinger
- "No student ever attains very eminent success by simply doing what is required of him: it is the amount and excellence of what is over and above the required, that determines the greatness of ultimate distinction."― Charles Kendall Adams