Housing works like a trampoline. When it is pushed down far enough and long enough, it will eventually snap upward very powerfully.
Sentiment: POSITIVE
We believe that housing is a power platform to spark great opportunities in people's lives and help them achieve the American dream.
Another mode of accumulating power arises from lifting a weight and then allowing it to fall.
In 2007, in the early 2007, everybody saw the housing market was falling, and at any given moment a lot of people thought it was going to fall more, and a lot of people thought it was going to rebound. You just didn't know.
A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.
In the early work of Frank Lloyd Wright - and you can also see it with Mies - they make new ground by raising the ground. Frank Lloyd Wright did it so beautifully with the Robie House. The roof becomes almost a new ground.
The housing market will get worse before it gets better.
Many hard working people in low paid jobs get housing benefit.
Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.
A raised weight can produce work, but in doing so it must necessarily sink from its height, and, when it has fallen as deep as it can fall, its gravity remains as before, but it can no longer do work.
I have a problem with the way the House is run. I believe that a few people at the top of a pyramid of power have controlled this place for a long time.
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