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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Comments 8 New Comment

Rainer
5,000
Kim Ray
BHGRE Metrobrokers

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.

March 15, 2008 11:26 PM
Rainer
17,676
Kristal Reid
Zebulon, GA
Coldwell Banker Bullard Realty
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!
March 16, 2008 09:42 PM
Rainmaker
676,123
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605
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.
March 15, 2008 11:58 PM
Rainer
19,006
David Swierczynski
Lake County, IL Realtor
Century 21 Hometown

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

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

March 16, 2008 07:02 AM
Rainmaker
248,431
Chuck Willman
Realtor - Arizona - 480.292.0600
Gentry Realty
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. :-)
March 16, 2008 11:42 AM
Rainmaker
362,833

Dean Moss

Dean's Team Chicago IL Real Estate Team
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