The Politics of Homeownership

Disclaimer: This is not some maniacal foray into politics. It is a both sides perspective about where we are — and the impact it may have on the way people think and behave.

Today it’s not uncommon to hear that America is a nation divided; that we are broken. This notion weighs on the American psyche, no matter what your political affiliation. Liberal or conservative, it seems to be impacting perceptions and socioeconomic behaviors.

We may not be in the best place, but we are not broken.

There is good and bad happening. The divides and rifts, the differences, the debates, the discourse, and the angst were all anticipated by the crafters of the Constitution of the United States. We are never all supposed to agree — the Founding Fathers didn’t agree from the very beginning. It’s the reason we have the checks and balances of the three branches of government. It’s why there is a Constitution and Bill of Rights and it’s possible to amend the Constitution (though it’s incredibly difficult to do so.)

What is different about today is that those left and right influences can’t be ignored or go unrecognized. Technology and the speed at which information becomes so readily available won’t let that happen. You don’t have to seek it out at a newsstand or on the evening news.

At least for the time being, where we are in our history is going to impact the behavior of a fair number of people. It may influence decisions about when and where people form families and households and when and where they decide to become homeowners. With the inventory and affordability struggles already weighing on the housing market, it will be interesting to see how much our political environment might further influence it.

By |2018-10-04T10:29:27+00:00October 5th, 2018|Categories: Mortgage, Real Estate Agents|Tags: |

About the Author:

Kris Barros is the Director of Corporate Communications at Embrace Home Loans. He always has his eye on the market and real estate industry in order to bring you the most up-to-date, relevant mortgage news.

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