Comments on: How the Government can Fix the “Foreclosure Crisis” http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/ Phoenix real estate | Search Phoenix Homes for sale | Real Estate Blog Sun, 14 Mar 2010 15:18:22 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Haggard Riderhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-71369 Haggard Rider Fri, 12 Mar 2010 00:45:13 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-71369 Finally, a man after my own heart. I could not agree more with you. Keep government out of our lives in every way they should be out. It is has been known that government only convolutes things more than they ever could be by the private sector.Supply and demand has always worked and always will work. It is no different than any business. If it is good it will flourish and prosper and if it is bad it will sink a horrible death. The demand knows what it wants and the market will provide it. Finally, a man after my own heart. I could not agree more with you. Keep government out of our lives in every way they should be out. It is has been known that government only convolutes things more than they ever could be by the private sector.

Supply and demand has always worked and always will work. It is no different than any business. If it is good it will flourish and prosper and if it is bad it will sink a horrible death. The demand knows what it wants and the market will provide it.

]]> By: Asset Protection Attorneys Californiahttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-63387 Asset Protection Attorneys California Thu, 14 Jan 2010 10:30:34 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-63387 The government is doing their job to keep up with the "crisis." What the government feels is that this problem will not fix it self unless they do something about it. The government is doing their job to keep up with the “crisis.” What the government feels is that this problem will not fix it self unless they do something about it.

]]> By: Araba Emlakhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-62480 Araba Emlak Tue, 29 Dec 2009 02:30:32 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-62480 Some very interesting and insightful thoughts. I like this.^_^ because I have a blog about foreclosure and bankruptcy too. Some very interesting and insightful thoughts. I like this.^_^ because I have a blog about foreclosure and bankruptcy too.

]]> By: Florida Broker/Appraiserhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-59583 Florida Broker/Appraiser Thu, 27 Aug 2009 15:05:38 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-59583 In order to FIX the nation's foreclosure problem one must FIRST understand what continues to DRIVE it. <br><br>The Foreclosure Mess - A PROPOSED SOLUTION<br><a href="http://www.the-office.com/foreclosure-solution.htm" rel="nofollow">http://www.the-office.com/foreclosure-solution.htm</a><br><br>"WE CAN KEEP PEOPLE IN THEIR HOMES -<br>LET LENDERS PROFIT LATER FOR EASING TERMS NOW"<br>By Andrew Caplin, Thomas Cooley, Noel Cunningham, and Mitchell Engler<br><br>(Mr. Caplin is an economics professor and co-director of the Center for Experimental Social Science at New York University. Mr. Cooley is dean of the Stern School of Business at NYU. Mr. Cunningham is a law professor at NYU. Mr. Engler is a professor at the Benjamin. N. Cardozo School of Law.) In order to FIX the nation's foreclosure problem one must FIRST understand what continues to DRIVE it.

The Foreclosure Mess – A PROPOSED SOLUTION
http://www.the-office.com/foreclosure-solution.htm

“WE CAN KEEP PEOPLE IN THEIR HOMES -
LET LENDERS PROFIT LATER FOR EASING TERMS NOW”
By Andrew Caplin, Thomas Cooley, Noel Cunningham, and Mitchell Engler

(Mr. Caplin is an economics professor and co-director of the Center for Experimental Social Science at New York University. Mr. Cooley is dean of the Stern School of Business at NYU. Mr. Cunningham is a law professor at NYU. Mr. Engler is a professor at the Benjamin. N. Cardozo School of Law.)

]]> By: Florida Broker/Appraiserhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-58968 Florida Broker/Appraiser Thu, 27 Aug 2009 13:05:38 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-58968 In order to FIX the nation's foreclosure problem one must FIRST understand what continues to DRIVE it. <br><br>The Foreclosure Mess - A PROPOSED SOLUTION<br><a href="http://www.the-office.com/foreclosure-solution.htm" rel="nofollow">http://www.the-office.com/foreclosure-solution.htm</a><br><br>"WE CAN KEEP PEOPLE IN THEIR HOMES -<br>LET LENDERS PROFIT LATER FOR EASING TERMS NOW"<br>By Andrew Caplin, Thomas Cooley, Noel Cunningham, and Mitchell Engler<br><br>(Mr. Caplin is an economics professor and co-director of the Center for Experimental Social Science at New York University. Mr. Cooley is dean of the Stern School of Business at NYU. Mr. Cunningham is a law professor at NYU. Mr. Engler is a professor at the Benjamin. N. Cardozo School of Law.) In order to FIX the nation's foreclosure problem one must FIRST understand what continues to DRIVE it.

The Foreclosure Mess – A PROPOSED SOLUTION
http://www.the-office.com/foreclosure-solution.htm

“WE CAN KEEP PEOPLE IN THEIR HOMES -
LET LENDERS PROFIT LATER FOR EASING TERMS NOW”
By Andrew Caplin, Thomas Cooley, Noel Cunningham, and Mitchell Engler

(Mr. Caplin is an economics professor and co-director of the Center for Experimental Social Science at New York University. Mr. Cooley is dean of the Stern School of Business at NYU. Mr. Cunningham is a law professor at NYU. Mr. Engler is a professor at the Benjamin. N. Cardozo School of Law.)

]]> By: Katehttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-58126 Kate Fri, 24 Jul 2009 03:22:22 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-58126 Or just use wordpress 2.8, I think it has spam filters built in Or just use wordpress 2.8, I think it has spam filters built in

]]> By: Montanahttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-58125 Montana Fri, 24 Jul 2009 03:21:19 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-58125 Lol @ all the short url spamming. Man, you need to get a spam filter :) Lol @ all the short url spamming. Man, you need to get a spam filter :)

]]> By: jamesgallagherhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-57893 jamesgallagher Mon, 13 Jul 2009 06:39:34 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-57893 Politicians aren't as interested in solutions to problems as they are interested in appearing to be doing something. Affordable housing is a perfect example. In my neck of the woods (CA) politicians have been screaming for years about the overiding need for affordable housing. Well now we have it but they don't want to talk about affordability anymore. Politicians weren't really interested in affordable housing they were interested in being perceived as caring about affordable housing. The market has delivered exactly what the wanted but they aren't happy. The incredible thing is that is is the law of unintended consequences that created the affordable housing. Bad lending policy designed to increase home ownership leads to unaffordable housing but is unsustainable so the invisible hand of the market bitchslaps the housing market. The unintended consequence of their attempts to create affordable housing worked but they did it the hard way. Politicians aren't as interested in solutions to problems as they are interested in appearing to be doing something. Affordable housing is a perfect example. In my neck of the woods (CA) politicians have been screaming for years about the overiding need for affordable housing. Well now we have it but they don't want to talk about affordability anymore. Politicians weren't really interested in affordable housing they were interested in being perceived as caring about affordable housing. The market has delivered exactly what the wanted but they aren't happy. The incredible thing is that is is the law of unintended consequences that created the affordable housing. Bad lending policy designed to increase home ownership leads to unaffordable housing but is unsustainable so the invisible hand of the market bitchslaps the housing market. The unintended consequence of their attempts to create affordable housing worked but they did it the hard way.

]]> By: Aaron@Water Tankshttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-57722 Aaron@Water Tanks Thu, 09 Jul 2009 00:13:21 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-57722 Great post Jay.It doesn't really matter if the government fixes the problem or not, given time, the real estate market will improve due to the equilibrium between supply and demand that you explained. Just have to bare the economic pain until that time.*<em>*<em>Aaron´s last blog post..<a href="http://rainwatertanksinadelaide.com.au/metal-rainwater-tanks-in-adelaide">Metal Rainwater Tanks in Adelaide</a></em></abbr></abbr></em> Great post Jay.

It doesn’t really matter if the government fixes the problem or not, given time, the real estate market will improve due to the equilibrium between supply and demand that you explained. Just have to bare the economic pain until that time.

**Aaron´s last blog post..Metal Rainwater Tanks in Adelaide

]]> By: A Conversation about the Charlottesville Real Estate Market | Real Central VAhttp://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/#comment-57056 A Conversation about the Charlottesville Real Estate Market | Real Central VA Wed, 24 Jun 2009 16:08:48 +0000 http://www.phoenixrealestateguy.com/how-the-government-can-fix-the-foreclosure-crisis/2355#comment-57056 [...] How the Government can Fix the "Foreclosure Crisis" (hint: DON"T) [...] [...] How the Government can Fix the "Foreclosure Crisis" (hint: DON"T) [...]

]]>