It seems that the general consensus is yes. And that would make sense. In order to get elected one must at least appear to be in agreement with the populace. Actually getting things done doesn’t hurt either.
What about the “Shadow Inventory”? We have discussed this before, and feel that things are on track for recovery. According to a recent post by Inman News David Crowe ( $ read it here), chief economist for the National Association of Realtors (NAR), up to 3 million displaced home owners are currently renting or living in shared housing (family, friends, etc.) situations. As the general economy improves these people will again purchase homes, greatly aiding the rate of economic recovery.
Use of the Internet will also speed up the recovery compared to times past. Never before have we had such an economical means to reach so many people. And it is done at the speed of light! This means that there is still time for things to actually happen before the elections.
While there are many opinions as what to do, how to do them, and who should do them, the fact that this is a election year means that things should get done. This is not the place for a political debate, but our opinion is that all parties, wanting votes, will do something positive. And that is a good thing!
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