Housing Quotes - page 2
As a child growing up in a grey-skied Yorkshire village, I would occasionally happen upon a Bollywood movie on the television. After a few minutes watching a bunch of sari-clad dancers cavorting on a Swiss mountain to tuneless music, I would switch over to some proper drama about housing estates and single mothers.
Simon Beaufoy
So I am skeptical about the argument that the subprime mortgage problem will contaminate the whole mortgage market, that housing construction will come to a halt, and that the economy will slip into a recession. Every step in this chain is questionable and none has been quantified. If we have learned anything from the past 20 years it is that there is a lot of stability built into the real economy.
Robert Lucas, Jr.
Let us not be afraid to express the passionate concern everyone of us feels about present housing conditions. ... This is a problem which brooks no escape, no evasion. It is no use talking about a free market: the provision of decent housing for all is a clear and inescapable obligation of government.
Harold Wilson
We are now faced with massive unemployment, on a scale certainly at the level of the 1930s and to become greater. The improvement in housing, education and the standard of living has stopped. To all of us, that is a matter of the greatest possible regret... One of our intentions after the 1930s was to ensure that the Conservative Party was never again considered to be the party of unemployment. I ask my hon. Friends to think seriously about that in our present circumstances.
Edward Heath
What had been a trickle of immigrants from the Commonwealth was developing into a flood. We saw that if it was not brought under control it would create very serious social and economic problems-problems of employment, housing and education, for instance. So we brought in legislation. The socialists-aided by the Liberals-opposed it all along the line.
Alec Douglas-Home
To fight this recession the Fed needs more than a snapback; it needs soaring household spending to offset moribund business investment. And to do that, as Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble. Judging by Mr. Greenspan's remarkably cheerful recent testimony, he still thinks he can pull that off. But the Fed chairman's crystal ball has been cloudy lately; remember how he urged Congress to cut taxes to head off the risk of excessive budget surpluses? And a sober look at recent data is not encouraging.
Paul Krugman
They were now as a party engaged in carrying laboriously uphill the last few columns out of the Gladstonian quarry. ... Foremost among the tasks of Liberalism in the near future was the regeneration of rural life and the emancipation of the land of this country from the paralysing grip of an effete and unprofitable system. ... [The reports into rural life] were startling. When they were published they would prove conclusively that there were hundreds of thousands, if not millions, of men, women, and children dependent upon the land in this country and engaged in cultivating it, hardworking men and women, who were living under conditions with regard to wages, to housing, as well as hours of labour-conditions which ought to make this great Empire hang its head in shame that such things could be permitted to happen in any corner of its vast dominions, let alone in this country, the centre and source of all its glory.
David Lloyd George
In the future it will be necessary on the one hand to establish a balance between the intimate and individualistic demands for housing, and on the other to take full account of general social conditions. Thus, for example, cooking should be transferred from the private single kitchen into the communal cooking laboratory; the main meal should be consumed in public eating establishments; and the rearing of children should become the responsibility of the kindergarten or the school... Presently our goal is the transition from housing as an agglomeration of many private dwellings to housing communes.
El Lissitsky
Ron Paul: ...you have to develop the transition, and eventually the next step would be to prohibit the Fed from monetizing debt. This is the real evil. The politicians spend for war, welfare, and they don't have to do it responsibly.
Question: When you say monetize the debt, you mean they would only be able to spend the cash that they had on hand. They couldn't write any cheques for which they don't have in their account any money?
Ron Paul: That's right. And that is the key to it. Because when the Fed comes along, and there's starvation for capital and liquidity, and politicians are spending too much, the Fed can create 20, 30, 50 billion dollars in a day, just like they did trying to bail out this housing bubble crash. So they create money out of thin air endlessly, eventually that has to stop because that drives the value of the dollar down.
Ron Paul
The average Russian of mature age today may some day have the moral satisfaction of seeing his government exercise a power unprecedented in history over the land masses of Asia and Europe. But it is not likely that he will ever know the comforts, in the line of housing, clothing, and other conveniences of civilized living, comparable to those that have existed in the advanced countries of the West. That renunciation of comfort is his involuntary contribution to something: either to the future comfort of his own children or to the increased military power of Russia. He hopes - and we hope with him - that it will not be only the latter.
George F. Kennan
