House buyers, mulit buyers, spec buyers, flip buyers and the agents and finance companies have all had a great ten, at least, years. And will in the future. Right now they got to play by the rules.
For the patient and thrifty, and those that were priced out of their desired house, now is a great time. Why should they have to take up slack? They shouldn’t.
By and large the house building boom has been fantastic. It has created an excellent housing stock and many people have improved the quality of their house situation.
We don’t have a problem with private cars, supply, finance, or price range or location in this country because the gooberment isn’t involved. We could be in the same state with houses, but of course as with most thing in which the gooberment is heavily involved in, the common solution seems to be more gooberment.
If it wasn’t for the VA home loan program I would never have been able to afford my first house.
Thank you. You echo my position completely.
As I said on another thread: Fannie/Freddie are to the DNC what Enron was to the GOP.
The report on the accounting within Fannie/Freddie should be read by all taxpayers. If taxpayers did read the report on Fannie/Freddie accounting, then they’d fall in line with your/my position in a heartbeat: if you want to call it private property, then don’t ask for the government to help you buy it. Use private financing.