#ren

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

#been #break #costs #cover #demand

Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it? ↗

— Mark Zandi

#better #buyers #choice #cost #costs

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

#barack #barack obama #clearest #current #cut

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

#because #below #currently #distressed #fall

There are different flavors of recession. You can get into some pretty dark scenarios pretty quickly. ↗

— Mark Zandi

#different #flavors #get #into #pretty

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

#better #better way #buoy #currently #fixed

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

#around #belongs #blame #bubble #causing

As an entrepreneur, if you're the originator, you need to be faster than ever. ↗

— Niklas Zennstrom

#ever #faster #need #originator #than

In the studios days, the public's perception of movie stars was much different, because the stars were so much less exposed. This made them seem more special, more unearthly. Today they're no longer perceived as different - they've become human, so to speak. ↗

— Richard D. Zanuck

#become #days #different #exposed #human

'Portnoy's Complaint' was very far out there, and movies have always worked when you have either a funny situation between two or more people or a very dramatic situation. There's not that much difference. ↗

— Richard D. Zanuck

#between #complaint #difference #dramatic #either