Politics and The Housing Market

Terry-Great topic.  One thing is for sure, taking more tax money from Realtors, investors and homeowners like Obama and Hillary want to do will not help anything.  Obama wants to almost double the capitol gains tax and charge higher cooperate taxes and we all know if you are a llc that will affect you.

Allowing the market to fix itself is the best policy. Yes, at times like now it is hard but given time the housing market and the economy will go back into balance. For example if there is a sudden demand for new housing in an area the builders get to work and build new homes. They will keep building until they start having houses on their inventory that are not selling because the balance has now shifted and the demand is no longer there. At this point  the government did not have to step in and tell the builders not to build new homes at the some rate as when there was high demand. The builders profits where effected and they made the discision all on the own, for the better of their business.

I agree with your teacher, the housing markets across the country started tipping and went way to far. However they will balance back if given time. 

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We invite you back to ActiveRain in 2016!

    Much has changed since your last visit to ActiveRain.  I encourage you to take another look at the website. 

    Surf some blogs, leave some comments.  Better yet, post a Blog.

    Best to you!