IT'S DOWN TO ONE OF THREE! Which POTUS, if Any, Can Turn Around The Real Estate Market?

By
Real Estate Agent with Dean's Team - Keller Williams Realty Partners Chicago IL

Oooooh - this one is loaded!

Please, folks, no political, evangelical, or red-state-versus-blue-state tirades here.

But now, bearing unforeseen circumstances, we're down to one of three 2008 Presidential Candidates that will be the Leader of the Free World this time next year.

Which Presidential candidate, if elected, would be the best friend to Homeowners?  To Real Estate Investors?  To we Real Estate Practitioners?

Or, does it really make a difference?   Is this a situation far too big for any one new president, with his or her Team, to tackle within the coming few years?

John McCain, best I can tell, hasn't really promised much of anything here.  Hillary Clinton has proposed a 90 day moratorium on foreclosures, and a five-year interest rate freeze.  Barack Obama - a government fund to help homeowners avoid foreclosure, and a tax credit for lower-income homeowners.

Any of these "the steak,"  or are they all "the sauce."  And, BTW, what would John McCain do? 

Would any of these three esteemed candidates, in this upcoming historic election, do, or be able to do, something so different, so radical, so immediate, that it can, in short order, turn the tide on the sub-prime crisis, the mortgage meltdown, and the housing doldrums we're experiencing - here in Chicago, and elsewhere in the US?

And would it last?

Ten months and a few days from now, a new President of the United States (POTUS) will be in the White House.  Eight months from now, we'll know who that individual is (we hope, assuming "chad mayhem" is ancient history).

Will things be better off - worse off - or just about the same?

Again, please stay away from any political slams here.  OK?  Thanks!

Appreciate your shares!

DEAN & DEAN'S TEAM CHICAGO

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Show All Comments
Rainmaker
1,198,827
Tony & Darcy Cannon
Keller Williams Legacy - Woods Cross, UT
The C Team
Dean, I hope the winner can!
Mar 15, 2008 10:56 PM #1
Anonymous
Anonymous
Anonymous
Silly, silly Dean.  You think this post won't have tirades, sermons and/or political slams?
Mar 15, 2008 11:22 PM #2
Rainmaker
189,079
Herb Hamilton
RE/MAX Preferred Inc. Realtors - Portland, OR
Real Estate Broker ,CDPE, Downtown Portland

The real estate market like all things will correct itself. We have been here before and we will again. The correction however will not begin from some stimulus package.

The main problem today is best illustrated by the following example. :

We are like a pack of dog's that have been beaten for the past 8 years. If you keep beating that dog he won't hunt.

When the dog's new master nutures and encourages the dog with out repetitve beatings the dog begins to show new life. Before you know it the Dog is hunting and living life to the fullest.

Soon to follow will be other abused animals until all is right with the world.

McCain has no plan because he thinks nothing is wrong.

Hillary's plan will take effect if she can get it to take effect after it is to late. Most people will have already lost their homes by 2009.

 

It is all about the Hope!

 

Mar 15, 2008 11:25 PM #3
Rainer
5,000
Kim Ray
BHGRE Metrobrokers - Blairsville, GA

No one will know until we get the new POTUS.  And besides how many of them have you ever seen make good on their promises and platforms.

Mar 15, 2008 11:26 PM #4
Rainer
17,676
Kristal Reid
Coldwell Banker Bullard Realty - Zebulon, GA
Zebulon, GA
I am trying to answer this without going into a political tirade, so I will just simply say that I HOPE McCain can do it!
Mar 15, 2008 11:41 PM #5
Rainmaker
681,360
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY
The new POTUS will have to be wiling to take action and not just let the markets "sort it out."  I'm personally for Obama.  The republicans have been less than inspiring for the last 8 years.
Mar 15, 2008 11:58 PM #6
Rainer
19,006
David Swierczynski
Century 21 Hometown - Antioch, IL
Lake County, IL Realtor

Damn the Dynasties (Present or Future) Bring on the change!

Oh BTW, the housing quagmire will work itself out best without government intervention. IMO

Mar 16, 2008 07:02 AM #7
Rainmaker
259,509
Chuck Willman
Gentry Realty - Mesa, AZ
Realtor - Arizona - 480.292.0600
It's my humble opinion that the President has less power than we assume. It's up to the house and senate to fix this one... and hopefully the president won't get in the way. Among the remaining candidates I think any of the three could do a great job pretending they'd accomplished it. :-)
Mar 16, 2008 11:42 AM #8
Show All Comments
Rainmaker
362,833

Dean Moss

Dean's Team Chicago IL Real Estate Team
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