Oct 29, 2015
Apparently, the folks in charge can never learn from their mistakes. At least, they can't learn the real lesson. You would think that after the last real estate bubble, the folks in charge would look back on what they did and remind themselves never to do it again. However, in D.C. the prevailing logic does not seem to be that the problem is what they did, but rather that they did not do enough.
What is scary is that we are seeing some of the same people and organizations enacting the old policies that got us into that mess in the first place. So what should we do? As buyers, sellers, investors and hopeful real estate entrepreneurs, how should we move forward?
Today we will review some of the goofy things being put back into place and see what kind of general thoughts we can draw from that.