What Can Be Done To Boost Housing Market?

One popular suggestion is to make refinancing easier.

How? The free market has a limited appetite for more home refinances because so many homes are underwater and bank standards for lending are so high.

Libertarians and conservatives want less government intervention into the housing market, not more. All the government intervention up till now has done little good, perhaps has done more harm than good.

The LAT says: “Mark Zandi, an economist who has advised the Obama administration, suggests making it easier for homeowners to refinance mortgages at today’s extremely low rates. The idea would be to eliminate charges that currently make it too costly for some people to refinance. He also advises changing immigration policies so that foreign students with advanced degrees find it easier to stay in the U.S.”

About Luke Ford

Raised a Seventh-Day Adventist at Avondale College in Australia, Luke Ford moved to California in 1977. He graduated from Placer High School in 1984, reported the news at KAHI/KHYL radio for three years, attended Sierra College and UCLA, was largely bedridden by Chronic Fatigue Syndrome for six years, and converted to Judaism in 1993. From 1997-2007, Luke made his living from blogging. Living by Beverly Hills (Alexander90210.com), he now teaches the Alexander Technique (moving the way the body likes to move). Lessons cost $100 each and last about 45 minutes. In 2011, Luke completed a three-year teaching course at the Alexander Training Institute of Los Angeles. His personal Alexander Technique website is Alexander90210.com. Luke is the author of five books, including: » The Producers: Profiles in Frustration » Yesterday’s News Tomorrow: Inside American Jewish Journalism
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