Did you know that there’s a Misery Index which summarizes how someone feels about their own economic progress? It was developed by an economist and there’s a very interesting tidbit about how the Misery Index has affected sitting presidents in election years.
And speaking of politicians, all this debate about curbing spending and lowering the national debt is certainly important but do you think they’re thinking about the impact their decisions will have on this already dismal housing market? Some politicians are talking about completely restructuring the mortgage industry, including changing the deductibility of mortgage interest.
Keep reading this report to get more in-depth analysis from our friends at John Burns Consulting.
