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It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.

We simply can't spend our way out of a recession.

Frankly, people buying a home to let should not be squeezing out families who can't afford a home to buy.

It's not just that families can't buy a home or start a business without some savings tucked away.

Our economy isn't going to recover until the housing market finds its footing.

I don't think there will be a recession as a result of a vote to leave.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

People stop buying things, and that is how you turn a slowdown into a recession.

It's a recession when your neighbor loses his job; it's a depression when you lose yours.

Many Americans who have suffered during a recession have had to cut their spending 1 percent, and they didn't like doing it, but they were able to do it to get their family's finances back in order.