Sentences with phrase «despite economic setbacks»

«Despite the economic setbacks Americans have experienced in today's current climate, it is clear that a strong majority still believe in home ownership and aspire to own a home,» said NAR President Ron Phipps, broker - president of Phipps Realty in Warwick, R.I. «However, achieving the dream of home ownership will become increasingly difficult for buyers if they are required to make a 20 percent down payment, which may be a reality for many of tomorrow's buyers if a proposed Qualified Residential Mortgage rule is adopted.

Realizing that its cultural influence expanded despite the economic setbacks of the Lost Decade (from 1991 to 2000), Japan sought to promote the idea of «Cool Japan», an expression of its emergent status as a cultural superpower.

Despite economic setbacks, residential real estate prices in the region have not seen the depreciation many onlookers had expected.