Oooooh - this one is loaded!
Please, folks, no political, evangelical, or red-state-versus-blue-state tirades here.
But now, bearing unforeseen circumstances, we're down to one of three 2008 Presidential Candidates that will be the Leader of the Free World this time next year.
Which Presidential candidate, if elected, would be the best friend to Homeowners? To Real Estate Investors? To we Real Estate Practitioners?
Or, does it really make a difference? Is this a situation far too big for any one new president, with his or her Team, to tackle within the coming few years?
John McCain, best I can tell, hasn't really promised much of anything here. Hillary Clinton has proposed a 90 day moratorium on foreclosures, and a five-year interest rate freeze. Barack Obama - a government fund to help homeowners avoid foreclosure, and a tax credit for lower-income homeowners.
Any of these "the steak," or are they all "the sauce." And, BTW, what would John McCain do?
Would any of these three esteemed candidates, in this upcoming historic election, do, or be able to do, something so different, so radical, so immediate, that it can, in short order, turn the tide on the sub-prime crisis, the mortgage meltdown, and the housing doldrums we're experiencing - here in Chicago, and elsewhere in the US?
And would it last?
Ten months and a few days from now, a new President of the United States (POTUS) will be in the White House. Eight months from now, we'll know who that individual is (we hope, assuming "chad mayhem" is ancient history).
Will things be better off - worse off - or just about the same?
Again, please stay away from any political slams here. OK? Thanks!
Appreciate your shares!
DEAN & DEAN'S TEAM CHICAGO