Free Market Interference


	Free Market Interference

Spokane_Realtor

7-6-2008 3:49 PM

71 views

tags:

real estate, legislation, congress, bail out.

Spokane_Realtor says:

Here is someone asserting that the proposed home owners assistance legislation amounts to improper interference with free markets with respect to real estate.

Add a Comment

Login to Comment. Not a member yet? Sign up

View the Top Clips from July 6, 2008

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/c6375cf3-5e19-41f9-9905-c2e4e86b8578/2798CE79-0371-4A35-A32A-6B8A51ECA73E/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://bigpicture.typepad.com/comments/2008/06/should-congress.html" href="http://bigpicture.typepad.com/comments/2008/06/should-congress.html" style="font-size: 11px;">bigpicture.typepad.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://bigpicture.typepad.com/comments/2008/06/should-congress.html"><H2>Should Congress Let Home Prices Fall ?</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://bigpicture.typepad.com/comments/2008/06/should-congress.html"><DIV class="date">Sunday, June 29, 2008 | 05:30 PM</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://bigpicture.typepad.com/comments/2008/06/should-congress.html"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/bigpicture.typepad.com/img/F4A60DDC-23D4-4E08-8C36-9B56AC4B859D" alt="29housms2" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://bigpicture.typepad.com/comments/2008/06/should-congress.html"><P>Stark housing numbers are coloring the debate in Congress regarding the impending Housing bailout. As of the most recent data, there are more than
three million borrowers in "distress" -- typically, 60 days late in mortgage payments -- and analysts forecast a couple of million more will fall
behind on their payments
in the coming year. Let's ballpark it as 3 million people in some stage of delinquency, default or foreclosure -- and that number may likely go to
4 - 5 million over the next 24 months.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://bigpicture.typepad.com/comments/2008/06/should-congress.html"><P>What I find astonishing is that Congress somehow believes they need to do something to help prop up housing prices. When it comes to free markets, the quadrennial Socialists in Washington talk a good game, but push comes to shove, they don't really believe it. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/2798CE79-0371-4A35-A32A-6B8A51ECA73E/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Blog; Copyright; Privacy; EULA

Search Options

Related Clips

More clips from Spokane_Realtor

Today's Top Clips