I couldn't agree with this lady more:
- low housing prices are not neccesarily a bad thing...
- stop the ridiculous government interference that allows some of the worse perpetrators of mortgage fraud to live in their house forever without paying (taxpayers end up paying their bills in the long run)
- Accountability is important, we need foreclosures and to have them re-sold at true market prices to new buyers who will start paying property taxes, insurance and spending money on all the other items and services that people need to maintain their home, this will help the economy.
Posted by Ben Nicolas on
1 Response to Real Talk about the US Housing Industry and the Los Angeles Real Estate Market
We need to get through all these distressed properties - the government needs to stay out of the way and keep creating more problems.
Posted by Brad on Monday, September 19th, 2011 at 4:24amLeave A Comment