A Quote by Barry Sternlicht

It's cheaper to buy a house and finance it than it is to rent in many markets.

Barry Sternlicht

Quote Topics

Finance Buy Cheaper House Many Markets Rent Than

Quote Author

Barry Sternlicht
American - Businessman
Born: November 27, 1960

Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.

Michael Hudson

It's cheaper to buy and use and place ads on Facebook than it is to buy print and radio.

Michael Rapino

The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk.

Eliot Spitzer

Now, suppose that a homeowner puts down only 3% of their own money or 3.5% for the FHA. That means if prices go down by only 3%, the house will be in negative equity and it would pay the homeowner just to walk away and say, "The house now is worth less than the mortgage I owe. I think I'm just going to move out and buy a cheaper house." So it's very risky when you have only a 3% or 3.5% equity for the loan. The bank really isn't left with much cushion as collateral.

Michael Hudson

Subsidizing someone's rent is much cheaper than paying for new housing, police or medical responses, or hospital or jail stays.

London Breed

When there is hell to pay, it is usually cheaper to pay it than to finance an endless purgatory.

Robert Breault

We've been trained to spend money since we were born with all these commercials with toys and G.I. Joes and Transformers. But there's so many things in the supermarket, there's so many things on television that automatically, when you turn it on, are saying, 'Buy! Buy! Buy! Buy! Buy! Buy! Buy!'

Donald Faison

Books make great gifts because they have whole worlds inside of them. And it's much cheaper to buy somebody a book than it is to buy them the whole world!

Neil Gaiman

The government is shutting down the coal industry, they say it's cheaper to draw nuclear power off the French grid and cheaper to buy coal from Colombia.

Martin Cruz Smith

E-books are preferable to paper; they can be delivered instantly. In many cases, they're cheaper; you can buy them with the press of a button.

J. A. Konrath

We live in an age when it is cheaper to buy the rights to movies than to make them.

Hayao Miyazaki

As long as gas is cheaper than bottled water, we can't be in a position of dictating to the consumer what to buy.

William Clay Ford, Jr.

If the other fellow sells cheaper than you, it is called dumping. 'Course, if you sell cheaper than him, that's mass production.

Will Rogers

Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.

Walter Schloss

[I] shall never use profanity except in discussing house rent and taxes. Indeed, upon second thought, I will not use it then, for it is unchristian, inelegant, and degrading--though to speak truly I do not see how house rent and taxes are going to be discussed worth a cent without it.