Posted on 08/15/2012 1:49:15 PM PDT by NevadaPolicyResearchInstitute
Government created the housing bubble and has failed to fix the inevitable housing crash that followed even after four years of trying.
So what do believers in liberty and free enterprise propose? Freedom.
Enforce contracts. Let the market work by allowing foreclosures.
Is it going to be painful for some? Absolutely. But that pain created by government inflating the housing bubble is inevitable. Prolonging it is only hurting more and more people by delaying the recovery.
And that's the true tragedy in this. By rewarding foreclosure, current government policy is ensuring that Nevada will have more foreclosure not less.
(Excerpt) Read more at writeonnevada.com ...
You’re pimping a blog. Check your history:
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.