|This article was published on: 09/01/2004|
FRONT LINES: Exclusive Election 2004
Different roads to growth
President George W. Bush and his Democratic challenger, Massachusetts Senator John F. Kerry, bring very different ideas to the 2004 presidential race on how to keep the economy, and real estate markets, strong. In this REALTORŪ Magazine exclusive, the candidates present their views on issues that are important to the real estate industry.
What will be your domestic policy priority going into 2005?
What economic policies will help keep home sales strong without causing the market to overheat?
What can the federal government do to help working households of modest income obtain housing near their jobs?
Municipalities, in an effort to generate more tax revenue, are increasingly using their powers of eminent domain to transfer property from one private owner to another for development of projects such as retail centers. Is this appropriate?
States and localities are looking at increased property taxes among other measures to pay for their increased responsibilities under federal initiatives such as homeland security. What steps would you take to promote an equitable sharing of this growing burden?
The U.S. Office of the Comptroller of the Currency in early 2004 published rules preempting anti-predatory lending laws and other state measures regulating federally chartered banks and their operating subsidiaries. What’s the proper balance between states’ rights to regulate entities operating within their borders and the federal government’s interest in helping federally chartered businesses operate across state borders?
What’s the federal government’s role in promoting environmentally responsible residential and commercial construction techniques?
What can the federal government do to help ease transportation gridlock that many communities are facing as distances lengthen between residents and their jobs?