patrick.net

Rep win will encourage ppl to buy

Prices continue on a slow downward path if a Republican is elected.

Prices decline steeply if Obama is re-elected.

Both parties are going to pander to underwater loan owners to get votes. After the election, regardless of who wins, I think that we will see a rapid curtailing of any mention of "housing relief," until 18-24 months from the next election.

bmwman91 says

Both parties are going to pander to underwater loan owners to get votes. After the election, regardless of who wins, I think that we will see a rapid curtailing of any mention of "housing relief," until 18-24 months from the next election.

Which will coincide nicely with the sunset of the mortgage relief act of 2007.

FaithInHim says

Rep win will encourage ppl to buy

Romney made it clear prices have to find their own discovery point. Probably the only one out there who understand free markets.

Obama, forget it.. too busy demonizing banks and calling it a foreclosure issue, as if somehow high peak prices were somehow justified. They never talk about high home prices were unjustified. That pretty much summaries Demo point of view on housing.