Wednesday, July 6, 2011

Is Real Estate Better Off without Government Intervention?

We know that loose lending standards creative financial bubble.

Now it looks like tight lending standards are preventing a housing recovery.

U.S. Housing Recovery Stymied by Government - Bloomberg

My opionion: Government should do less, not more. Set fewer rules and then police them better.
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2 comments:

  1. best mortgage broker in australiaAugust 10, 2011 at 10:11 PM

    You have some point. Most of time we are doubtful. There are some things you can do, to be able to get the best options. Government should be aware of that also!

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  2. AnonymousAugust 20, 2011 at 8:16 PM

    Thanks for the feedback, best mortgage in Australia.

    The best and the brightest do NOT work for the government. There is no way to manage an economy with detailed, forced programs for everything. Russia proved that quite well.

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