{"id":14059,"date":"2011-02-07T07:29:43","date_gmt":"2011-02-07T14:29:43","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=14059"},"modified":"2011-02-07T07:29:45","modified_gmt":"2011-02-07T14:29:45","slug":"if-government-doesnt-steer-capital-into-housing-the-capital-doesnt-disappear-it-could-fund-other-job-creating-businesses","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14059\/if-government-doesnt-steer-capital-into-housing-the-capital-doesnt-disappear-it-could-fund-other-job-creating-businesses\/","title":{"rendered":"“If government doesn’t steer capital into housing, the capital doesn’t disappear; it could fund other job-creating businesses.”"},"content":{"rendered":"

The Washington Post:<\/em><\/a><\/p>\n

Advertised as a way to stabilize the housing market, government-backed mortgage securitization ended up distorting and destabilizing it. The resulting misallocation of resources – evident not only in today’s massive bailout of Fannie and Freddie but also in the vast quantities of land, water and energy wasted on suburban sprawl from Las Vegas to Fort Lauderdale – is a true American tragedy. Today’s housing crisis is an opportunity to make sure nothing like it ever happens again.<\/p><\/blockquote>\n

Damn straight. This is the Post,<\/em> so the solution proposed is still WelfareLite, but any movement away from Rotarian Socialism is a move in the right direction.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Washington Post: Advertised as a way to stabilize the housing market, government-backed mortgage securitization ended up distorting and destabilizing it. The resulting misallocation of resources – evident not only in today’s massive bailout of Fannie and Freddie but also in the vast quantities of land, water and energy wasted on suburban sprawl from Las […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[251,4,212,6,5],"tags":[],"class_list":{"0":"post-14059","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-big-mother","7":"category-disintermediation","8":"category-flourishing","9":"category-marketing","10":"category-real-estate","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2375,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2375\/government-interference-will-prolong-housing-woes\/","url_meta":{"origin":14059,"position":0},"title":"Government interference will prolong housing woes","author":"Greg Swann","date":"December 15, 2007","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link): \u00a0Government interference will prolong housing woes Want to make an economic problem worse? Interfere with it. As I write this, the Federal Reserve Bank just cut the Federal Funds Rate by another quarter-point. Why? To try to\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14109,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14109\/lets-unleash-the-genius-of-free-markets-on-the-capital-of-the-american-people-simply-by-refusing-to-load-the-dice-in-favor-of-housing\/","url_meta":{"origin":14059,"position":1},"title":"“Let’s unleash the genius of free markets on the capital of the American people simply by refusing to load the dice in favor of housing.”","author":"Greg Swann","date":"February 15, 2011","format":false,"excerpt":"President Barrack Obama released his proposed 2012 budget yesterday. The jeers greeting this event, from all wavelengths of the political spectrum, suggest that, at long last, people have finally begun to take the measure of this pathetic little man-boy. Even so, there is at least one tax increase in the\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9645,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9645\/the-government-takeover-of-real-estate-is-well-underway\/","url_meta":{"origin":14059,"position":2},"title":"The Government takeover of Real Estate is well underway","author":"Al Lorenz","date":"September 5, 2009","format":false,"excerpt":"Earlier, there was a discussion of the possibility of a government takeover of real estate brokerages. We had a bit of a lively discussion about the possibility of a governmental takeover of real estate brokerages.\u00a0 But I'm here to tell you, it will never happen because in the end, the\u2026","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1788,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1788\/thomas-sowell-housing-woes-caused-by-land-use-restrictions-and-federal-micro-management-of-lenders\/","url_meta":{"origin":14059,"position":3},"title":"Thomas Sowell: Housing woes caused by land-use restrictions and federal micro-management of lenders","author":"Greg Swann","date":"August 11, 2007","format":false,"excerpt":"Hoover Institute Economist Thomas Sowell:Amid all the hand-wringing and finger-pointing as housing markets collapse, mortgage foreclosures skyrocket, and financial markets panic, there is very little attention being paid to the fundamental economic and political decisions that led to this mess. The growth in risky \"sub-prime\" mortgage loans by people buying\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10963,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10963\/barney-frank-i-believe-this-committee-will-be-recommending-abolishing-fannie-mae-and-freddie-mac-in-their-current-form-and-coming-up-with-a-whole-new-system-of-housing-finance\/","url_meta":{"origin":14059,"position":4},"title":"Barney Frank: “I believe this committee will be recommending, abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance.”","author":"Greg Swann","date":"January 22, 2010","format":false,"excerpt":"To say anything at all would be way too much. From the Wall Street Journal:\"The remedy here is...as I believe this committee will be recommending, abolishing Fannie Mae and Freddie Mac in their current form and coming up with a whole new system of housing finance,\" said Rep. Barney Frank\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4267,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4267\/update-on-fannie-and-freddie\/","url_meta":{"origin":14059,"position":5},"title":"Update on Fannie and Freddie","author":"Tom Vanderwell","date":"September 8, 2008","format":false,"excerpt":"Well, it happened.\u00a0 In case you haven\u2019t heard the news, Fannie and Freddie were bailed out by the Federal Government over the weekend.\u00a0\u00a0 I\u2019m not going to go over all of the details but just try to hit some \u201chigh points.\u201d So, here goes: 1. The Federal government now owns\u2026","rel":"","context":"In "Lending"","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=14059"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14059\/revisions"}],"predecessor-version":[{"id":14060,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/14059\/revisions\/14060"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=14059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=14059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=14059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}