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More Congress - Less Financial Stability?

By Johnny Taylor

Real Estate Agent with The Taylor Team @ Keller Williams Realty

March 21, 2010 10:56 AM

Looks like the new health care bait and switch is going to pass! Hard to believe anybody would fall for that basket of hodge podge but looks like we're getting it put to us!!

What's it going to do to the Real Estate business? Who knows! We've already seen quite a slow down in moderate priced, and upper end housing sales. They keep touting that they are "doing this one for the American People"! Well that may be true for those American people who are sitting around waiting on hand outs, but for those of us who work our butts off to make a living it will be another way for the government to get into our pockets and take some more of our hard earned money to hand out to those who don't pay taxes, don't work, don't intend to work......well, you get the idea!

What a fiasco! Another reason for those who would otherwise be purchasing homes, to wait and see! Just what we in the real estate business need more of!! Thanks congress!......Again!!

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COMPASS PALM SPRINGS | Stewart Penn

COMPASS - Palm Springs, CA

COMPASS Palm Springs - Broker Associate

John - You sound like a very scared individual.

But the sky is not falling .... This much needed health insurance reform will not impact real estate in a negative way.

So get over being petrified .... this is progress!

Mar 21, 2010 11:18 AM

Johnny Taylor

The Taylor Team @ Keller Williams Realty - Amarillo, TX

Stew,

I'm not a scared individual at all....quite the opposite. Nor do I become petrified! I've spent enough time in socialist countries to know that THIS IS NOT PROGRESS! The only people that think it is progress are those who've never seen socialism first hand! I have and believe me, what these guys are doing is far from progress! Anyone that knows history understands that all too well!

By the way, you're in CA, I think your real estate market has experienced most of the brunt of this craziness from Congress! I don't know how it is in your part of the country, but as a Luxury Home Specialist, I've noticed that the people with the money are hanging on to it until we can get some certainty in the market! There's a "REAL" reason for that!

Finally......the government is NOT the solution to anything in our country other than infrastructure, security and military! Anything else they do always becomes a losing proposition!

Mar 21, 2010 11:34 AM

Robert Foster

United Country-Michigan Outdoor Properties - Northern Office - Wolverine, MI

Johnny,

Like your comments.

I have read write-ups of the new Health care fiasco. What does it do to curtail costs, nada. Hmm spend a trillion dollars to save 138 billion. Lets tax insurance companies and drug companies (I cant spell pharmis...) wont that increase cost for the end user? Force people to get coverage --- is that not Communism?

How many companies are going to close because can not afford health care cost?

I am just concerned for my kids and the burden they will have to pay for our Government screwups.

Mar 21, 2010 12:21 PM

There is no way to know all the implecations of what this government takeover will do! It's like pulling the bottom dominoe out of the stack and expecting none of the rest of them to fall! It's certain that they will fall, just unsure of the overall effect!

I'm have a sense that the financial impact is just about to hit! It has to! We can't spend the kind of money this footloose government is spending and not have it catch up with us! The price we end up paying is bound to be much worse than any of us can imagine! I so much hope I am WRONG!!

Mar 21, 2010 12:30 PM

More Congress - Less Financial Stability?

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