Just type in the street address name, street address number, city and state to see the present value of your home. Look at historical chart to see value over recent years.
Be sure to thank your Democrat and Republican elected officials.
Almost all of this was enabled by a chain of Federal actions which substantially deregulated finance and real estate business practices. The most important of these probably were the Gramm-Leach-Bliley Act of 1999, which repealed the Glass-Steagall Act of 1933, the Commodity Futures Modification Act of 2000, relaxation of SEC rules in 2004, and maintenance of the Federal Funds Rates at an artificially low rate following recovery from the dot-com bust a decade ago.
Couple this with George W Bush and a Republican Congress laser focus on tying the hands on any government oversight of industry and here we are!
How do you like the value of your home today?
No comments:
Post a Comment