Friday, December 12, 2008

My Suggestion For A Housing Stimulus Program

I have a suggestion for stimulus to housing. Utilize the existing Veteran's home loan program. Alter the terms of the program by providing extremely low rates to an otherwise unchanged program. This would have the advantage of using legislation that is already in place and of rewarding Veterans who have risked their lives and given time to serve the nation. These are people who deserve thanks and are not receiving undeserved welfare assistance.
The program would stimulate demand for housing helping reduce inventories, at the same time it shows the nation's support and gratitude to the men and women of the armed forces. A program like this should have strong support from both Republican and Democrats and offers the new Obama administration to demonstrate it is not anti- military personnel though it may be anti current military policy.

1 comment:

lonek8 said...

good plan - even better if you direct at least one fo those new home buyers to Steamboat!!