GOOD: Uncle Sam want to help economy
BAD: Uncle Sam = bureaucracy and regulations
UGLY: Cash sales of homes are investors = renters and not home ownership
BOTTOMELINE: Uncle Sam helped create this real estate bubble so is he the best person to fix it?
“Washington is the biggest obstacle to our recovery,” said Robert Jacobs, chief investment officer of Broe Group, a Denver-based real estate investment and development firm. “The best thing they can do is to stop doing anything. The economy wants to grow. Washington is not the solution, it’s the problem.” Read more: http://www.washingtonpost.com/realestate/real-estate-experts-say-mess-could-be-solved-if-government-would-stop-helping/2012/07/18/gJQAn4MiwW_story.html
Happy Networking and Investing,