Which Presidetial candidate will benefit the real estate professional the most?

Ken - Warren Buffett:-)  Actually, I'm not sure.   I haven't heard anything from any of the above that would instill confidence in me that they have any semblance of a pulse on the Real Estate Market.  I think we are going to have to handle this one ourselves Ken...

Ken: I totally agree with Jason. I eagerly awaited the debates and fell asleep on them. I don't think I missed much. But I did appreciate how Obama tried to stay on the topics of importance.

Ken,

I don't know as President who will be better for my real estate career. I think real estate and politics are local. However as a real estate broker in NYC both Bill and Hillary Clinton have been great for my real estate career.

Bill Clinton opened an office in Harlem several years ago. His presence was a strong catalyst for the resurgence and real estate boon in Harlem these last several years. It is still underway with new zoning on 125th street.  I've been selling townhouses and condos in Harlem ever since.

As a Senator from NY Hillary Clinton fought for federal funds for lower Manhattan after 9/11 after Bush reneged. Bush created a new corrupt bureaucracy called Homeland Security that didn't think the Statue of Liberty or Manhattan was a target of terrorists. 

Hillary also was able to get funds from the federal transportation bill to turn a 30 year old dilapidated elevated rail tracks abandoned by railroad companies into an outdoor elevated park The High Line.

Because of this public park some of the briskest real estate development in years is taking place along the High Line now. It runs through Hells Kitchen, Chelsea and The Meat Packing district. Now three of Manhattan's hottest and desirable neighborhoods. I have been selling  new condos with new park views.

Regardless of whether one of the candidates jumps out at you as being "good for real estate" or not, we know one thing.  The economy is a mess right now, following eight years of a GOP president who had a majority behind him in Congress.  

The GOP likes to portray their opponents as "tax and spend", fiscally irresponsible bureaucrats.  But the truth is, the budget deficit has grown bigger under Bush than any other president in history.  You don't reward a party that has mismanaged the economy this badly by voting in their standard bearer for four more years of misery.

Like Sardi - I'll be voting soon here in NC.  I think it's a shame the votes for Florida and Michigan did not count -because I think Hillary would be further ahead.  I've just spent 30 minutes reading comments about how "Obama will be easy to beat." and frankly, after last night's debate those comments might be accurate.  Like Mr. Kodner - and Mr. Hall - I agree that the GOP has done a poor job, a really really poor job.  I also agree with Mr. Hall that the Clinton's had a solid economic plan that worked.  I don't have enough info on Obama's plan - but it needs to be STRONG!

I agree with Jason in the first post. We are and should be on our own with this. If you want to see how any of the "goverment should fix this" people fare, look at any big city run by Democrates. Their business and housing are in the worse shape around the country because of taxation and limitation. I am not a fan of Bush, but he did produce the longest streak of consecutive months of economic growth EVER that didn't stop until ohhhhhh.....after 2006, and we all know who was elected then. 

Mitchell, I am glad that the market is great for you, if we can just get Billary to move everywhere to revitalize area that would be good.........eww, nevermind LOL

Patrick, I'm afraid if they get elected they will drop NY in a NY minute. lol

Great question. Again no easy answers. I'm not an Obama supporter. He just doesnt have the knowledge and experience that position demands. We shall see...........

Patrick, if Bush gets credit for the run upwards in economic growth, then he has to take credit for what is happening today.  I don't think a president can have it both ways. 

Part of those "consecutive months of economic growth" was built on the largely-unregulated mess we call a mortgage meltdown that is happening today.  It was a house of cards.

Ken,

This has little to do with race or political stance and more to do with my gender. As a woman I know I will not be agreed with by many but I'll voice my thoughts here, however comical they may be.

At the risk of sounding like anything other than a woman talking about natural preferences, I have heard and seen enough of Ms. Clinton. Not that she hasn't done a great job as Senator. We need a fresh start and a fresh approach. We need a new voice (and I mean that literally). It seems horribly politically incorrect to say, but I would like to hear another voice yelling promises through my television despite the fact that they may never happen in my lifetime.

I also secretly want to continue blaming men for all the world's problems and don't want to break the pattern by having a woman thrown into the mix of an already brewing pot of mess. In years to come our kids may honestly think that Hilary had something to do with the astronomical cost of fuel...if there is still any left around then.

Campbell 

 

Nixon

Great post... I don't have a clue but I know the status quo is not something I endorse.  With new legislation hitting the books on a monthly basis I do not believe Washington knows either.  The bottom line is our economy needs to turn around and economic stability in the middle class is the only thing that will be positive for our country and our industry.  I believe we are the life blood of a thriving and growing economy.

Personally, I like to stand on altruistic issues.  So I am endorsing Obama... for now...

if you go by conventional wisdom, a Republican would be better geared towards people of the "self employed" side of business. Like one of the posters said above, the debate process should be a good one. Once they are in full swing, the issues that matter more to us in this industry may be a bit more clear. COnventional wisdom - DId I say that. I sound like my father. WOW.

Great question