Are We Headed To A National Recession Due To Housing Issues?

I do not think so if the market is left alone, but when we are in a Presidential election year and the candidates are pandering  to fix all of your problems, we are facing the law of unintended consequences.

I was all prepared to write a long post on this subject but I came across this one by Doug Quance and my work was done. So head over and read Doug’s perspective on how the government will do more harm then good during this correction.

Related posts:
  1. Housing Plan Stuck, National Recovery In Hands of Real Estate Market
  2. New Appraisal Rules For Real Estate Creating Worse Issues For Industry
  3. Could Your Real Estate Blog Be In Trouble With The FTC?
  4. How Washington’s Housing Rescue Plan is Hurting Housing Sales

« « Finding Your Niche – How About Haunted Houses| Fed Cuts Interest Rate by 3/4 of a Point » »

There Is 1 Response So Far. »

  1. I don’t think the housing/lending problems will be the cause if we go into recession. They will be one of several components – cost of food, cost of energy, sensationalizing media causing investor/buyer anxiety.

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    • Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
      Pete | 21Mar10 | More
    • My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
      Brandon | 20Mar10 | More
    • I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
      Bill Hernandez | 19Mar10 | More
    • Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
      Marc Brodeur | 19Mar10 | More
    • Great to hear that the big boys are predicting recovery sooner than most think. Thanks for the value!
      Mark Arenella | 19Mar10 | More
    • I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
      Austin Mortgage | 19Mar10 | More
    • an add on to my previous comment--I suppose nationally it's hard to tell, but each city and market is in ...
      Austin Mortgage | 19Mar10 | More
    • Hmm.....interesting. Of course, I would love to see the real estate market bounce back as quickly as possible, but just ...
      Austin Mortgage | 19Mar10 | More
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      homes for sale in chandler az | 19Mar10 | More
    • I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
      Jack | 18Mar10 | More
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