Possible solution to the housing issue
By Howard Sumner, Your Real Estate Source, Your Results Solution!!
(Howard Sumner Consulting)
I was doing some research this morning on the federal reserve sight. It gave me some thoughts on how to solve the housing problem with real numbers without a a lot of extraneous effort. The math is below. If a check of $24,000 is sent to every mortgage holder, does not solve the individual problem at least they can go rent a place. It always amazes me how we want complicate the problem. If high cost areas are a problem you could easily allocate the money by the volume of the debt and really make sure the problem was solved but it seems we prefer a more complicated way to employee more government workers and create more dependency on the government. I do realize that the issues is the securitization of the loans and not just housing itself. There was another federal reserve study just ...
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