Real estate experts say mess could be solved if government would stop helping (or Say Uncle)


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

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JD Morris

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