2008 Housing Bill= Market Netural
I’ve described the 2008 Housing Bill to many associates and colleagues as “market neutral”. Although the politicians in Washington have touted themselves as real estate market heroes with the passage of the new law the bottom line is that many of the provisions in the bill won’t do much to spur a recovery anytime soon.
Marcie Geffner wrote a great article on Inman news supporting my view. Here is a link to her article, “Housing bill no panacea“.
Posted: August 12th, 2008 under Housing & Financial Legislation, Housing & Real Estate.
Tags: 2008 housing bill