What will happen to the Real Estate Market if Obama is elected?
What will happen to the Real Estate Market if Obama is Elected?
The majority of the real estate markets in the US today seem to be at a very pivotal moment - they are poised to sustain some of the gains they have made over the last 5 years or home prices will continue to drop and continue to create a negative sentiment (short sales, foreclosures). I believe the main reason there is so much uncertainty is because of the availability of financing. It seems that banks have tightened up the appraisal standards and discontinued many of their programs that were too risky for them.
Okay - so I now present you with the question at hand. What will happen to the Real Estate Market if Obama is elected? I would like to get some feedback and discussion on this point. The Real Estate Market in the US plays a very important factor in the quality of life to the average American. The average American wants to be able to afford the “American Dream.” How is the federal government (under Obama’s watch) going to help or hurt the quest for the “American Dream?” Have there been any comments made on this by Obama? Does he have a plan in place for the federal government to help to improve the situation or does he believe it is not the federal government’s responsibility to be involved in our capitalistic society.
Can you share your thoughts with me on this one? What will happen to the Real Estate Market in the US if Obama is elected?
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