The financial world we live in is just as wild, if not more, than the mountains and woods we walk through. We are told that the fundamentals of our economy are strong, but we can feel that something is wrong. My unique financial background and survival passion make Financial Survivalist and excellent place to learn and share.

Monday, March 4, 2013

How Will Sequestration Affect Real Estate?

7:36 AM  , , , , , , ,  No comments


With all the fear mongering and finger pointing we've experienced from prominent pollititions recently, it's easy to be concerned how sequestration will affect the real estate market. Take a breath and relax, because sequestration will not affect the real estate market.

What is sequestration? Automatic spending cuts. However, even with sequestration, the government will still spend more this year than they did last. So there are no real spending cuts, only a slow down in the increase of spending.

There is no need for any doom and gloom. In fact most if not all of the observed effects are engineered. It's a political game and we are the pawns. The effect on the economy will be minimal, and on the housing market, even less so.

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