-
Quick Tour
Connect. Share. Learn.Welcome to ActiveRain, the #1 social community for real estate professionals.- Explore the world's largest storehouse of real estate knowledge
- Access free training on ActiveRain University
- Share the experience of life in the real estate industry
- Grow your business through real estate blogging
- Blogs
-
Resources
Product Reviews Curious as to what others in your profession think about a certain product or tool? AR's community takes the time to leave honest and transparent reviews of their experiences so you can be a bit wiser about your purchase.
- Broken down by categories and subcategories for easy finds
- Get an unfiltered look at what real users are saying
- Leave a review yourself for others to benefit from
- Add new products as you use them and gain points for doing so
|
;)
;)
;)
Find SD real estate agents and Rapid City real estate on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2013 ActiveRain Corp. All Rights Reserved
2 Comments on Food For Thought
The head of the Chamber of Commerce has spoken recently and says we may be looking at a "double-dip recession" due to the planned tax increases and regulations that have been planned for our future. Not really what I want to hear.
Oh, I totally agree. None of us want to see this. They have been cautioning about this since last year. I know the Feds have been attempting to do something about this. This was a very deep cut into our financial system. With the greed and lack of prudent policies of some underwriters, this has caused some very deep excavation to our foundation. It is my opinion, this is why they have kept the interest rate as low as they have. I believe they are hoping things will turn around and banks will continue to lend with more conservative measures than practiced before.
There have been some very interesting testimony this past week on the Hill by some of the Big lending institutions. They have been addressing the policies of the past. Even though most of us do not wish to see government intervention, we may have no other alternative for the interim. Regulators, as much as they are not wanted, may have to be to their elbows and we all have to look for a resolution and a road to reform.
What will this to do to us as a entity "realtors". It can only be speculated at this point. Reform has to happen...no matter how painful it will be.
Some of those who testified this week on the Hill said they had to eat their own cooking, which was not a pleasant process..... My question is how many of us will have to eat the sloppy seconds of that cooking? And for how long?