A Quote by Eugene Fama

People don't walk away from their homes unless they can't make the payments. That's an indication that we are in a recession.

Eugene Fama

Quote Topics

Away Homes Indication Make Payments People Recession Unless Walk

Quote Author

Eugene Fama
American - Economist
Born: February 14, 1939

In the wake of the housing debacle in California, more people are buying less expensive homes, making bigger down payments, and staying away from 'creative' and risky financing. It is amazing how fast people learn when they are not insulated from the consequences of their decisions.

Thomas Sowell

You either trust me or you don't. I've never let you down, and I won't walk away unless you make me. Period. Now, unless you have a real emergency, I'd like to get back to my vacation. And my corpse, thanks.

Jeaniene Frost

The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.

Jeremy Allaire

Student loan debt is crushing young people. And so they're not doing the things we would expect them to do. They're not moving out of their parents' homes in as big a numbers, they're not saving up money for down payments, they're not buying homes or cars or starting small businesses or doing any of the things that help move this economy forward.

Elizabeth Warren

This recession is the deepest in our lifetimes, the deepest since 1929. If you take the people thrown out of work in the 1982 recession, the 1991 recession, the 2001 recession, not only is this bigger, this is bigger than all of those combined.

Austan Goolsbee

The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.

Michael Hudson

Low-value payments are now possible. Now, Ripple can make it easy for Facebook and Uber and Amazon to make payments to developers in real time. It's online and completely global.

Chris Larsen

As economists bandy about terms like 'recapitalization,' 'credit lines,' and 'liquidity,' families are facing brutal cuts to their social services and welfare payments, losing their homes, wondering how their kids will make their way in the world.

Sharan Burrow

Generally, it's not good to be engaged directly with the political system unless you are qualified. It`s a very depressing business, the way politics works. You get stuck into it, but then, at some point, you have to walk away. I had to walk away, because it's like this dark, black energy void. There are some people who have dedicated their lives to living in that energy void, but I can't do it. I just can't go there. It feels like you're treading water too much when you do. It's a crazy thing.

Thom Yorke

You will never work through writer's block if you walk away from your typewriter. That will only make it easier to walk away the next time.

James N. Frey

I walk away from him. It's enormously pleasing to me, this walking away. It's like being able to make people appear and vanish, at will.

Margaret Atwood

If our children are going to walk away from Christ, we need to raise them in such a way that they understand that to walk away from Jesus is to walk away from a life of faith, risk and adventure and to choose a life that boring, mundane and ordinary

Erwin McManus

Philadelphia's awesome. It's one of my top home-away-from-homes. When I walk around on the streets there, people recognize me. They think I'm from Philadelphia, because I was there so much and because I'm so associated with Philadelphia through ECW.

Rob Van Dam

Overwhelming, student loan payments are holding millions back from buying homes, starting families, and saving for retirement.

Elise Stefanik

I take pride in the fact that I can walk away from things. My willingness to walk away has protected me, I realize that now. Being able to walk away from sessions, from poetry, from dreams of being a poetry professor.