Kris Berg: When Stimulus is Meaningless
Posted by nithi.vivatrat on June 24, 2009
Kris Berg, a very successful real estate agent in San Diego and frequent contributor to Inman News, posted this wonderfully written commentary about the flaws of stimulus programs relating to easing the turmoil in the housing markets. This is the lead-in:
Dear lawmakers:
I am writing to thank you for everything you have done over the past year to suture our economic wounds and stimulate our housing market. It has been very helpful. Now, please stop.
What I loved about her article was how her anecdotes put a human face on real, unintended consequences of these programs. An informative and persuasive read — I’d comment more, but I urge you to just read it.