Americans now know that hou... by Bill Gross, an American Businessman

Bill Gross Quotes

“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.”

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Bill Gross

Author details

Name: Bill Gross

Nationality: American

Date of Birth: 1944

Profession: Businessman

Other Bill Gross Quotes

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.

Bill Gross

56% of people like this quote

Bernanke and company are trying to reflate the economy with almost stated objective of inflation at 2 percent and higher in order to provide some type of safety margin for a future recession. That's where they want to go.

Bill Gross

50% of people like this quote

Human nature means that institutions at some point lose their sense of mission. That sense of vulnerability drives Pimco.

Bill Gross

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