Friday, July 22, 2011

Now Big Government Wants More Fingers in the Real Estate Pie

Just when we haven't recuperated from Big Government insisting private enterprise provide housing through low interest mortgages for unqualified home buyers back in 2005 and 2006, causing the real estate bust, we now have this article from the Wall Street Journal:

"Government Considers Ways to Rent Foreclosed Homes": http://on.wsj.com/nxrvYd

So what new bureaucracy is Big Government going to erect to administer this?  Aren't we paying enough dues to NAR lobbyists to have them nip this idea in the bud?

The government needs to stay out of the real estate business and let market forces work for consumers.

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