Housing may have been the catalyst for the Great Recession, but it is not number one on America’s fix-it list for our next President.
Fixing the economy should come before housing policy, according to a new survey by real estate website Trulia.com.
“The partisan split in Washington and the recent housing policy debates are not what Americans want from their government,” said Trulia’s chief economist Jed Kolko. “Although Washington and lobbyists have been debating the conforming loan limit, Americans would rather see more action to make refinancing easier and to deal with vacant homes.”
Still, those same respondents, 72 percent of them, said government policies should encourage home ownership. Wasn’t that “encouragement” kind of what got us into this mess?