A Quote by Ben Bernanke
In the typical economic recovery, a resurgent housing sector helps fuel reemployment and rising incomes.
Related Quotes
Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.
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.
Educating girls prevents child marriage and early pregnancy and helps women get jobs, which boosts household incomes and economic growth. It gives girls a voice and helps them to shape their own futures.
The road to energy independence, economic recovery, and greenhouse gas reductions runs through the building sector.
A government subsidized economic recovery, is not an economic recovery - it's an entitlement state.
My government is delivering our plan for Queensland's economic recovery and the resources sector will continue to be an important part of that plan.
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.
Housing has always been a key to Great Resets. During the Great Depression and New Deal, the federal government created a new system of housing finance to usher in the era of suburbanization. We need an even more radical shift in housing today. Housing has consumed too much of our economic resources and distorted the economy. It has trapped people who are underwater on their mortgages or can't sell their homes. And in doing so has left the labor market unable to flexibly adjust to new economic realities.
Most Americans think that the typical low - income family lives in public housing or gets housing assistance. The opposite is true.
Interesting statistic: In every economic recovery until 1982, working people captured more than 80 percent of the value of the recovery. Since 1982, the top 10 percent has captured 90 percent of the value of the economic recovery.
I think the stress on income inequality is something that every American should take seriously, we have got to figure out how we're going to provide more economic opportunity - good jobs with rising incomes - and I'm excited to work with Senator Sanders in doing that.
Local authorities face huge housing issues with demands outstripping supply many times over; the only way those in housing need can be housed is in the private sector.
The Bush tax cuts should be extended permanently for families with annual incomes of less than $250,000 and should be phased out slowly for those making more than that. Raising taxes on anyone now, when the economic recovery is so fragile, would be a mistake.
We all know that housing prices are going up, but what most people don't realize is that this has become a family problem. Housing prices are rising twice as fast for families with kids.
Why would we build as unequal a renewable energy sector as we have built a fossil fuel sector? The nice thing about renewables is they're everywhere, so you don't have to have monopoly control in the same way.
I would be strongly committed to working with the FOMC to continue promoting a robust economic recovery ... I consider it imperative that we do what we can to promote a very strong recovery.
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