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Posted To: Pipeline Press

I was on a flight yesterday to Orlando for the MBAG annual conference on the coast. The plane was packed, half with 4-13-year-old passengers bound for “The House of Mouse.” Shouldn’t they be in school on a Wednesday rather than going to Disneyworld? About her son, I overheard one lady say, “Sage is an accelerated school release program.” I had an uncle in a work release program – maybe its similar, but I am sure the government is involved somehow. How much does the government influence lending, and property values? Lots. Let’s ask the folks in Vancouver, Canada, who have seen their market hit by government-induced mortgage stress testing, speculation taxes , foreign buyers pulling back, and price fatigue. (Sage, by the way, spent the journey watching...(read more)

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Source: http://www.mortgagen...

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