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28 Sep 07 Create a US real estate subsidy program? Maybe…

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Should the real estate industry receive more support from our government? Earlier today it crossed my mind that farmers (and not just the family farmers) have been receiving tax cuts, subsidized loans and insurance, money and a lot more annually from our government. Figuring out if this is good policy is another subject, but should the real estate industry get similar assistance? I could argue that events in our nation’s real estate industry influence several other industries across the country and that the real estate industries health is directly related to the health of our national economy. I could be way off here, but I think the amount of real estate related jobs nationwide compares to the amount of farm jobs nationwide. And isn’t owning a new home important to the financial well being of most Americans? Let’s say the government did subsidize the real estate industry would the car industry be next? Is it a good idea to offer assistance to any industry? Just a thought

Jayson

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