Monday, November 17, 2008

Fix Housing First?

The economy is on everyone's mind. It is the universal challenge we all are forced to confront right now. The banking industry...the insurance giant "AIG"...the investment banks...now the auto industry...everyone is being crushed by this recession and they are looking for government to lead.

While economists will be arguing for decades as to the root cause(s)of this economic crisis, right now we should be focused on stimulating growth. The housing industry is pushing for a "fix housing first" initiative that is focused on stabilizing the housing industry and the real estate markets.

I believe the general premise is valid and potentially viable...if we can bring stability to the housing market, we can provide a base from which growth could begin. I do not know if this proposal is the best way or the only way to achieve that goal. Take a look at the website "Fix Housing First". I would love to get some feedback or even some better ideas!