Imagine you’ve been placed into one of the most powerful positions in the US Government at either the Executive or Congressional branch. What courses of action would you suggest (two or three initiatives) to cure the residential housing crisis the US is facing?
Would you focus on foreclosures and “under water” sellers, reforming Fannie/Freddie, “fixing” appraisals, a third buyer stimulus package, changing the MID, spurring private sector job creation, or some other grand ideas? We would love to hear your thoughts on this all-too-important matter.
Let your inner Chief Executive loose to tell us what you think!