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Blogs by Stanley E Alston
Our Housing Problem 1/9/2009 12:43:55 PM
A letter to Obama Our Housing Problem
Jan 9, 2009
Dear Gentlemen, the latest news we are in a housing dilemma. But like all things this too shall past. When this occurs, we shall look back at this day and remember what we did to overcome.
I suggest that we first lower the property taxes to reflex the assessed value of current real state commercial or privately owned. Most local governments won’t agree with the lost of this revenue. But taxation without property value representation should be illegal.
This could attract potential buyers to properties that have been vacant for long periods of time. And stop foreclosures of existing properties, by lowering the mortgages. Also a lower interest rate would definitely help every home owner in America.
I’m sure you feel that home ownership once represented the pride and success of every American. We stand or fail together, we do have a choice.
