A Quote by Thomas Sowell
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.
Related Quotes
The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they're going to want their apartments and homes. And that's when you'll start to see a recovery in home prices.
Zoning laws making housing more expensive? That's less of a problem with a universal basic income and more of a reason to put money directly into people's hands.
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.
Mitt Romney and I don't agree on every issue and certainly housing is one of them. When you look at what is going on here in Southern Nevada, you can't say you got to let the housing market hit bottom. We have been bouncing along the bottom for years. And the fact is we have to do everything possible to: 1) keep people in their homes and 2) get people who are out of their homes back into their homes.
Studies have found that preparing your own food is usually healthier and less expensive than buying fast food. But most people just don't have the time.
The goal is to win. It's not about making money. I have many much less risky ways of making money than this (buying Chelsea football club). I don't want to throw my money away, but it's really about having fun and that means success and trophies.
If you have a choice between buying something in Vietnam or China or buying something made in Virginia, why not buy it from people in Virginia? A lot of times, it's not much more expensive or may even be less.
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.
Abracadabra, thus we learn
The more you create, the less you earn.
The less you earn, the more you're given,
The less you lead, the more you're driven,
The more destroyed, the more they feed,
The more you pay, the more they need,
The more you earn, the less you keep,
And now I lay me down to sleep.
I pray the Lord my soul to take
If the tax-collector hasn't got it before I wake.
I would say, if you're buying less expensive clothes, buy two sizes bigger. They'll hang better.
When you are in a growth company, you have to really open people's eyes to the bigger possibilities so they think differently. Once they understand how to define success and what their role is in success, they make better decisions, and you can push decision-making down.
Wake up to the real world. Look at what's happening in the region. Look at where people are going, how people react to humiliation and marginalization. I do not think a few more votes is worth making this menace - that we all face - far more complicated. People have to wake up to that and respond to that, not politicize it.
Playing at Kentucky, before 24,000 people, you have to learn how to grow real fast and play under pressure and playing on ESPN with millions of people watching. Right away, you learn how to play under control.
Housing in New York City has become too expensive for many average wage earners, let alone people with marginal incomes, who find themselves displaced to far-flung neighborhoods or to the streets. Racist discrimination in housing, which has been around for decades and follows centuries of slavery, has exacerbated the housing affordability crisis for people of color.
Recipients of transfers tend to become less self-reliant and more dependent on government payments. When people can get support without exercising their own abilities to discover and respond to opportunities for earning income, those abilities atrophy. People forget - or never learn in the first place - how to help themselves, and eventually some of them simply accept their helplessness.
Living apart is hardly possible if people have children together. It can also be more expensive to maintain two homes. But then, it's expensive to break up when you live in one property.
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