Ok here we go. I'm going to try and start some dialouge about one of the most controversial subjects in the world. That's right politics.....alright I said it , there. Here in Florida, we have major elections Tuesday. I need a little direction. I am a life long bleeding heart liberal democrat because I grew up not so well off and after that I got a job which required union membership. I still believe in government provided social services, but now that I am an independent contractor, seems like there's a conflict in my former political standing. I still believe the only way to keep America strong is by providing Americans good wages, good benefits and a safe environment to work in. With all the pressure to reduce costs, how do we accomplish this and remain competitive? If we can't fix the wage problem, how do Americans afford housing? I believe this is the reason the government loosened banking rules, so more people could afford homes (albeit temporarily), thus spurring the economy and housing boom. Where do we go from here, there's only so much that our investors can invest and save the economy. Somewhere down the line someone will have to buy these homes to live in. How can anyone afford these homes after being marked up by investors and the banking industry being forced to tighten the rules? Does anyone foresee another interest rate drop to make homes affordable?
Our political process will play a major role in deciding the future of our industry, especially in the short term. I am just looking for answers to these questions for guidance, plus I love hearing (reading in this case) others views.
Florida has a unique housing problem, skyrocketing insurance because of the busy hurricane season we've had. Another problem, which is probably a nation wide problem, is R.E. taxes.