Loading ...
Sorry, an error occurred while loading the content.

Goodbye Fannie & Freddie, Hello George?

Expand Messages
  • Scott on the Spot
    In a backdoor method that might be considered Georgist in effect if not intent, Obama pushes to end subsidizing the home mortgage industry and high land
    Message 1 of 2 , Feb 12, 2011
    • 0 Attachment
      In a backdoor method that might be considered Georgist in effect if not intent, Obama pushes to end subsidizing the home mortgage industry and high land prices:
      http://www.nytimes.com/2011/02/12/business/12housing.html?pagewanted=1&hp
    • Edward Dodson
      Scott wrote: In a backdoor method that might be considered Georgist in effect if not intent, Obama pushes to end subsidizing the home mortgage industry and
      Message 2 of 2 , Feb 12, 2011
      • 0 Attachment
        Scott wrote:

        In a backdoor method that might be considered Georgist in effect if not
        intent, Obama pushes to end subsidizing the home mortgage industry and high
        land prices:
        http://www.nytimes.com/2011/02/12/business/12housing.html?pagewanted=1&hp

        Ed Dodson here:
        I agree, this is the time to eliminate the mortgage interest deduction.
        Doing so now is not likely to affect land prices very much and will slow the
        upward advance in land prices SHOULD household incomes increase enough to
        expand the number of potential homebuyers and soak up excess inventory of
        existing housing units in the most depressed regional markets.
      Your message has been successfully submitted and would be delivered to recipients shortly.