Thursday, January 22, 2009

Stop the madness

A colleague brought up an interesting point to me today.

Our Manatee County commission is still spending a lot time and effort on affordable housing issues.

Lets bring everyone up to date. There is a lot of affordable housing in our community now due to all the foreclosures and short sales.

If the commission doesn't start tackling the foreclosure issue they won't need to worry about affordable housing. The commissioners will be out of a job or working for free because the tax base will have fallen so far we won't be able to pay them or their staff.

If they are waiting for Divine intervention, a federal government miracle or some other form of exterior help they need to get over it.

Don't get me wrong. Heck, I like selling foreclosures and my clients like buying them.

But if we don't stop the downward spiral of housing values in the county, which is what all these foreclosures and short sales are doing, we're going to have a lot more problems than affordable housing.

All the best
Greg Owens PA
Keller Williams Realty of Greater Manatee
941.932.6343
greg@teamworksfla.com

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