Thursday, November 02, 2017 6:28:33 PM
Tim Cornelison • 6 minutes ago
Your headline is a bit short sighted and misleading. The tax reform proposed will lead to stronger gse’s in the long run and will help us move towards a more natural market.
We will still need the same number of housing units but the government will not be pushing renters into a making a purchase. The market will be driven to create the housing that people want.
This will also take the federal government out of the role of subsidizing the bloated governments of the states which are gouging those who do want to own their homes. You will see some of the “high cost” high tax markets lose their draw and you will see more companies relocating to states where taxes are owner friendly.
On the surface I love this plan because it will force reform and a normalization of prices across this country. Those in the NE, the Western states with high tax rates will have some tough years but the individual wins.
inklenotrump • 29 minutes ago
"The issue is complex, but it boils down to two things: the fact that the government-sponsored enterprises will soon have zero capital and the GSEs' deferred tax assets."
what was the total bailout dollar amount vs amount sent back to the Treasury? answer roughly $90 Billion. Any 'bailout' going forward is an orchestrated act. Report like you know the background because you do. if you don't you should.
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