Quotations
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Doug Duncan Quotes
«The question in New Orleans is what will happen to the economy. The key to housing is jobs.»
Author: Doug Duncan
«If you're stretched to the max to be able to make the interest-only payments, the question is: What are you going to do when the principal comes due?»
Author: Doug Duncan
«There is no question that the ability to tap equity has supported consumption. It is a very, very powerful engine for the economy.»
Author: Doug Duncan
«People should get out and enjoy this beautiful weather today.»
Author: Doug Duncan
«One of the reasons we're concerned about the CAP is its proven ability to move species around. It moves species around even through what appears to be insurmountable barriers.»
Author: Doug Duncan
«You may have missed the absolute bottom, but for a lot of people, 7 percent still looks great.»
Author: Doug Duncan
«Even though [mortgage] rates have been up a little bit, they're still, from a 30- to 40-year perspective, at historic lows. It's still a great purchasing environment for people who want to get into housing.»
Author: Doug Duncan
«Coming off a fairly steady rate environment in 2004, these are very modest interest rate increases for the level of economic growth we are expecting.»
Author: Doug Duncan
«We're prepared to say the market has peaked in terms of the numbers of units sold.»
Author: Doug Duncan
«After discussing all the risks, Greenspan summed up by saying the share of households who are very highly leveraged is lower than expected and is not correlated closely with high home price states, other than California.»
Author: Doug Duncan