Monday, July 18, 2011
Can the Government help in the housing market?
What can the government do to help out the housing market? Can anything they do actually help? Here are some of the ideas discussed in the above interview:
1) create more jobs
2) assist with financing of the housing market
3) a national moratorium of foreclosures - this would be an utter disaster that would actually encourage defaults and generally 'kick the can down the road'.
Weitz- In my opinion, the best thing the ghttp://www.blogger.com/img/blank.gifovernment can do is to get out; let the market do what the market is going to do and things will work themselves out in time. In sum, the faster we hit a bottom (wherever that may be), the faster we actually recover.
For more help with your rights in foreclosure or short sale, consider contacting a Seattle Foreclosure Attorney.
Weitz Law Firm, PLLC
520 Kirkland Way, Ste 103
Kirkland, WA 98033
at 8:03 AM