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SD Realtor
ParticipantYes I am sure they do feel different then I do. CAR and NAR are no better then most unions who are more concerned about putting people in power that will serve their own selfish interests.
If you think that a 100% run government lending program will be beneficial for the housing market then more power to you. The govt has a great track record running other massive programs so I am sure this one will be awesome.
SD Realtor
ParticipantYes I am sure they do feel different then I do. CAR and NAR are no better then most unions who are more concerned about putting people in power that will serve their own selfish interests.
If you think that a 100% run government lending program will be beneficial for the housing market then more power to you. The govt has a great track record running other massive programs so I am sure this one will be awesome.
SD Realtor
ParticipantYes I am sure they do feel different then I do. CAR and NAR are no better then most unions who are more concerned about putting people in power that will serve their own selfish interests.
If you think that a 100% run government lending program will be beneficial for the housing market then more power to you. The govt has a great track record running other massive programs so I am sure this one will be awesome.
SD Realtor
ParticipantLong sigh…
The GSEs are miserable failures. I guess to some people more government involvement seems to be the stock answer to everything. Well maybe you will get that.
Perhaps the better answer is no government involvement. No GSE, No FHA, nothing at all. VA I am okay with because veterans have given more to this country then anybody.
Perhaps maybe, just a tad bit, that the government has a small, teeny tiny role in “suggesting” that banks lend to people who had no business buying a home. Perhaps that may have been one of many factors contributing to the problems to begin with.
SD Realtor
ParticipantLong sigh…
The GSEs are miserable failures. I guess to some people more government involvement seems to be the stock answer to everything. Well maybe you will get that.
Perhaps the better answer is no government involvement. No GSE, No FHA, nothing at all. VA I am okay with because veterans have given more to this country then anybody.
Perhaps maybe, just a tad bit, that the government has a small, teeny tiny role in “suggesting” that banks lend to people who had no business buying a home. Perhaps that may have been one of many factors contributing to the problems to begin with.
SD Realtor
ParticipantLong sigh…
The GSEs are miserable failures. I guess to some people more government involvement seems to be the stock answer to everything. Well maybe you will get that.
Perhaps the better answer is no government involvement. No GSE, No FHA, nothing at all. VA I am okay with because veterans have given more to this country then anybody.
Perhaps maybe, just a tad bit, that the government has a small, teeny tiny role in “suggesting” that banks lend to people who had no business buying a home. Perhaps that may have been one of many factors contributing to the problems to begin with.
SD Realtor
ParticipantLong sigh…
The GSEs are miserable failures. I guess to some people more government involvement seems to be the stock answer to everything. Well maybe you will get that.
Perhaps the better answer is no government involvement. No GSE, No FHA, nothing at all. VA I am okay with because veterans have given more to this country then anybody.
Perhaps maybe, just a tad bit, that the government has a small, teeny tiny role in “suggesting” that banks lend to people who had no business buying a home. Perhaps that may have been one of many factors contributing to the problems to begin with.
SD Realtor
ParticipantLong sigh…
The GSEs are miserable failures. I guess to some people more government involvement seems to be the stock answer to everything. Well maybe you will get that.
Perhaps the better answer is no government involvement. No GSE, No FHA, nothing at all. VA I am okay with because veterans have given more to this country then anybody.
Perhaps maybe, just a tad bit, that the government has a small, teeny tiny role in “suggesting” that banks lend to people who had no business buying a home. Perhaps that may have been one of many factors contributing to the problems to begin with.
SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
SD Realtor
ParticipantI actually believe quite the opposite. I think that yesterdays election will serve as a catalyst. I think that some in the democratic party are scared straight and now understand that there is one and only one thing Americans care about right now. Jobs. I believe we will see a substantial effort by the political establishment to get people back to work…. meaningful or not they will create jobs and this will be done in 2010. I do not see any huge downtrend and quite honestly I didn’t before yesterdays election. In fact, those in the know, understand the bulk of the stimulus money is targetted for 2010 anyways… anyone wonder why that was? Right now demand for SD real estate is still quite strong. I can EASILY see more govt programs, more incentives to buy homes, and more bond market shenanigans such that long term rates will not go up significantly.
You see… those in power do not like to give up power… dems or pubes… it doesnt matter. Unemployed masses vote for change. So the only way these guys remain in power is to get people employed.
In short the can will be kicked down the road some more.
It is not time yet. Soon, a few more years but the camels back is not quite ready to break. It can take a few more straws.
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