Many foreclosed homes are neglected or abandoned, as legal proceedings or other factors delay their resale. Deteriorating or vacant properties can, in turn, directly affect the quality of life in a neighborhood, for example, by leading to increases in vandalism or crime.

Ben Bernanke
Some Similar Quotes
  1. It is better to be hated for what you are than to be loved for what you are not. - Unknown

  2. Just when you think it can't get any worse, it can. And just when you think it can't get any better, it can. - Nicholas Sparks

  3. The one you love and the one who loves you are never, ever the same person. - Chuck Palahniuk

  4. Where there is love there is life. - Mahatma Gandhi

  5. It hurts to let go. Sometimes it seems the harder you try to hold on to something or someone the more it wants to get away. You feel like some kind of criminal for having felt, for having wanted. For having wanted to be wanted.... - Henry Rollins

More Quotes By Ben Bernanke
  1. In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.

  2. Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have sparked a global banking panic.

  3. In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.

  4. The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis substantial fiscal resources were necessary.

  5. Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.

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