Christopher Thornberg Quotes

When consumers realize they can no longer expect that appreciation bonus to subsidize their consumption habits, they will very likely pull back on spending.

- Christopher Thornberg

Tags

Consumers | Realize | Longer | Expect | Appreciation |

comments powered by Disqus

Random

It's pretty rare for home prices to fall unless you lose a lot of jobs in the local area. What you're really looking at is prices going flat for six or seven years while the fundamentals catch up. - Christopher Thornberg

The forecast for California is mediocre at best; at worst we are liable to dip into another recession, ... at least 50% if not more. - Christopher Thornberg

You got to think that this thing is going to end, eventually, one way or another. Prices have gotten to the point that, even with all the crazy financing out there, people still can't get into the market. It's just that over the top. - Christopher Thornberg