Tuesday, October 23, 2012

Speaking up for homeowners and wannbe homeowners

I have been disappointed we have not heard more discussion of the housing market in this election period. Housing has historically led us out of recessions. Promoting improvement in this part of our economy would seem to have a large impact on turning us around. How will we deal with income erosion in the middle class, which leads to home ownership taking a higher percentage of take home pay now, vs. 4 years ago? How will we assist ( if at all ) the millions of homeowners who are underwater on their mortgages? What are we going to do to help seniors and first time home buyers make wise investment choices in this difficult market. To me, housing is fundamental to having a strong and growing economy. Certainly, there must be some creative ideas on how to approach, and
support, the housing problems facing America. I probably missed that televised debate.

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