Politics and Real Estate

Ewa city lights from my house.

Ewa city lights from my house.

In this election season it is appropriate to talk politics.  Our nation was founded on the view that all men are created equal and should be free.  It is incumbent on every citizen to be politically involved because, believe it or not, politics and politicians affect every part of our life. The water you drink, the car you drive, the air you breath, your right to speak and yes the value of your real estate can and are impacted by those rascalsat City Hall, the State and National Governments.

Given the oil prices, sub-prime mortgages, the FNMA and Freddie Mac bail out, and the current $700,000,000,000 (wow that was hard write) fix being negotiated and debated in Congress.  It is very easy to now see that what an elected official writes can haunt you and me for a long time to come.  I implore you to get educated, get involved and vote!

My bias is toward smaller government and lower taxes.  There is not one thing that government can do better than the private sector. Certainly, I don’t believe the private sector should be in charge of wars, but I view government as a necessary evil.  Let’s be skeptical when the government comes to help us and, outside of the fiscal emergency we now face, let’s try to keep them out of our life.

So why is a real estate blogger talking about the taboo subject of politics.  Here’s why, we can’t afford not to be involved.  Your Honolulu home is one of your most valuable assets.  Stupid or ineffective politicians can literally cost you tens of thousands of dollars in lost equity. Think about it.

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