Real Estate Speculation Quotes

When I left the work world, I started designing my dream house. I dived into architecture and bought seven vacant lots. My plan was to build one house, move in, and build the next. If the next was better, I'd move in and sell the previous one - so on and so forth.

Dubai was a property bubble. Plain and simple. Go to Dubai and see what happened. It was... what I call it the 'Edifice complex' - it's just, we can grow by putting up lots and lots of buildings and trying to attract people to come here, stay here, and put up offices here and sooner or later, you put up too many.

In all the new states of the Union, land monopolization has gone on at an alarming rate, but in none of them so fast as in California, and in none of them, perhaps, are the evil effects so manifest.

The Irish turned in on themselves and bid up their own land prices in the most extraordinary ways... The Irish people stepped in and guaranteed the banks, and committed to repay sums they can't afford to repay, and essentially committed themselves to generations of suffering.

In modern megalopolis the very men who make the city, who clean its streets and shovel its coal and run its subway trains, may be exiled from it when they quit work at night. To-day in New York the average worker simply cannot provide a decent home for himself on the average wage. We have been so victimized by the spirit of the real estate speculator that we have almost forgotten the logical ideal of a city as a pleasant place for common people to live together.

By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.

I'm a businesswoman. You know, I have other investments too, real estate. A long time ago, I would buy a house and flip it. But now everybody does that, so I don't do that anymore because there's no houses out there to buy.

Donald was one of the people who rooted for the housing crisis. He said, back in 2006, gee, I hope it does collapse because then I can go in and buy some and make some money. Well, it did collapse.

Speculation in land may be necessary to capitalism, but speculative orgies periodically become a quagmire of destruction for capital itself.

I would say the biggest single cause was we had an incredible residential real estate bubble.